IHT Efficiency Flashcards
1
Q
Additional information for IHT efficiency
A
Facts
B
A
N
T
T
E
-Any gifts made in last 7 years
-Any gifts made in the last 14 years
R
R
-Who is LPA attorney
-Who are nominees
Willingness
B
-Willingness to make provisions for IHT
-Willingness to make lump-sum gifts,
-Willingness to make regular gifts
-Willingness to use disposable income
A
-Willingness to down size
N
T
T
-Willingness to use IHT tax efficient vehicles
E
R
-Willingness to draw up LPA for health and finance
Opinions/Options
B
A
N
-leaving a legacy for grandchildren
-Does will meet needs
T
T
E
R
R
