How can assets be structured to potentially fall outside the scope of inheritance tax?

The two main types are potentially exempt transfers (PETs) and chargeable lifetime transfers (CLTs). PETs are lifetime gifts made directly to other individuals, ... Apr 6, 2025 ... Lifetime gifts exempt from IHT; IHT reliefs; IHT on lifetime gifts (failed PETs); IHT on certain gifts to trust (chargeable lifetime transfers) ... Dec 12, 2024 ... Any tax charge (but not the value transferred) is reduced by taper relief as set out above. Chargeable lifetime transfers which are not PETs are ... Oct 30, 2024 ... ... transfers”); chargeable lifetime transfers where there is an immediate lifetime charge, so for example when property is transferred into trust. Dec 5, 2024 ... ... transfers); chargeable lifetime transfers where there is an immediate lifetime charge, so for example, when property is transferred into a trust. ... chargeable to Arthur. The order fixing inheritance tax, deleting that ... That the transfer, if viewed as made during decedent's lifetime, did not ... ... lifetime (known as Potentially Exempt Transfers (PETs)). An exception ... Chargeable Lifetime Transfer (CLT)). Setting up a trust. Assuming you haven't ... Jun 2, 2023 ... Relief under TCGA 1992 s 260 ('s 260 relief ') is available on lifetime transfers that are immediately chargeable. Chargeable Lifetime Transfers (CLT). Which is the transfer of money or assets into a trust. The general rule is that a person can make a gift as a PET and ... Oct 31, 2024 ... chargeable lifetime transfers where there is an immediate lifetime charge, e.g. when property is transferred into trust. Where the rate of ...