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Realigning of Assets

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In order that the assets can pass into the discretionary trust already mentioned, both the husband and wife should own assets in their own right that can be left to the trust. It is normal that individuals hold assets jointly. Jointly owned assets, such as those held in joint tenancy, would normally automatically pass to the surviving spouse and so would prevent this type of planning. 

You should consider severing the joint tenancy and setting up your assets as tenants in common. 

This would mean that assets could easily be split on death to use for tax planning.

Call one of our InheritanceTax Advisers on 0845 230 9876 or complete the
enquiry form in confidence to see how we can assist you. 


Click on the links below to discover more solutions to Inheritance Tax.


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