Book Includes Impressive Showing Of Expertise From Irwin Mitchell Experts

A new inheritance tax planning book, published by the Law Society and authored by Irwin Mitchell experts, has been published today (15 December).

Aimed at other private client practitioners, whether solicitors, tax advisers, financial planners or others who advise on IHT, the book provides a practical overview of the pitfalls and perils around inheritance tax, as well as looking into the various ways planning can help mitigate any tax on trusts and estates.

The guide also provides advice for more complex estates and the reliefs available including agricultural and business property relief, lifetime business planning, financial planning and IHT,   and an introduction to domicile and excluded property.

The book is authored by many of Irwin Mitchell’s Tax, Trusts and Estates experts, with consultant solicitor and chartered tax adviser John Bunker and partner Anthony Nixon editing the collection. There are also contributions from Irwin Mitchell’s Corporate and Wealth Management teams, showing the depth and breadth of expertise in the firm’s private client offering.

Early reviews of the book have been positive, with one describing it as ‘like receiving tax advice over a coffee from a good friend - who also happens to be an IHT expert’.

Expert Opinion

“The book has been a labour of love over the past 18 months, but it’s absolutely been worth it to create what we hope advisers will find an accessible guide to this complex world, to give ideas of what can be done to help mitigate IHT, using examples and practical tips to bring the subject alive. .

“The guide has been hugely shaped by the expertise we have in-house here at Irwin Mitchell, where we have one of the largest national teams in the country that’s able to give all sorts of advice around inheritance tax and estate planning, including the trusts that are integral to so much IHT planning.

“I hope those looking to learn more about it will find the book to be a useful guide on the ins and outs of a tax that can often be confusing for clients and practitioners alike.” John Bunker - Consultant Solicitor and Chartered Tax Adviser

The Law Society Inheritance Tax Planning Handbook can be purchased here.