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What are inheritance tax trusts?Inheritance tax Trusts are devices where an individual can make gifts for the benefit of others, and also help to avoid inheritance tax. Once the gift into the trust has been made, this cannot be reversed. The person making the gift (called the settlor) appoints trustees to look after the money or assets in the trust. These trustees have duties to look after the assets in the trust for the benefit of the beneficiaries of the trust. The benefit of using trusts with inheritance tax planning is that these gifts can pass outside of the estate of the settlor, and therefore help to avoid inheritance tax. The use of inheritance tax trusts is a very complex area, and we would always recommend that you discuss your situation with one of our professional advisers before taking any decisions. However, inheritance tax trusts, if used correctly can result in avoiding inheritance tax completely in some cases. 
During your visit make sure you check out our Inheritance Tax Calculator and Inheritance Tax Glossary pages. Related Site of the day - Bridging Loans For related information on Bridging Loans its packed full of goodies. Employers Liability Insurance | Isas & Unit Trusts| Useful Sites |