The use of spousal bypass trusts in IHT planning is not common among advisers but understanding the way they work can help clients avoid heavy taxes on inherited pensions, writes Phillip Hasell of Blandy & Blandy.
Estate preservation planners are well versed in explaining the inheritability benefits of pensions for avoiding death taxes. in its simplest form: if you die before vesting your pension benefits, any nominated beneficiaries are likely to receive the accrued fund free of tax.
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The underused IHT planning tool that can save your clients money
Source: http://www.finance4noobs.com/the-underused-iht-planning-tool-that-can-save-your-clients-money/
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