Financial Times Guide to Inheritance Tax , Probate and Estate Planning by Amanda Fisher
Nearly 9.5 million households in Britain will have to pay inheritance tax. What’s the best way to avoid it? If you’re administering an estate because someone has died, how do you obtain probate? Is it ever possible to retrospectively minimize an estate’s tax liabilities? The Financial Times Guide to Inheritance Tax, Probate and Estate Planning will help you navigate the complicated maze of inheritance tax, probate, and estate planning. Amanda Fisher tells you what to do when someone dies, helps you deal with administrative affairs and distribute the estate to beneficiaries, offers long-term strategies on how to protect your estate and minimize any potential inheritance tax liability, including the use of trusts. The Financial Times Guide to Inheritance Tax, Probate and Estate Planning: · Explains what to do when someone has died including how to register the death · Advises on the duties of executors and administrators and how to consider the validity of a will · Helps you apply for the grant of probate or letters of administration · Guides you through the completion of inheritance tax returns and how to calculate and pay any tax due · Provides advice on lifetime planning and illustrates ways to minimize potential inheritance tax liabilities The Financial Times Guide to Inheritance Tax, Probate and Estate Planning will help you face the difficult task of dealing with an estate when someone has died. You’ll learn the best way to manage the process of acquiring probate and complete the administration of the estate, before distributing to the beneficiaries. You will also have an insight to the advantages of make a will and organizing your estate efficiently to minimize any future impact of inheritance tax, including the use of trusts. The Financial Times Guide to Inheritance Tax, Probate and Estate Planning covers: Registering a death The duties of the executors and administrators Consideration of the validity of a will Intestacy and partial intestacy Obtaining details of assets and liabilities Applying for the grant of probate and the letters of administration How income and gains are treated before and after the date of death Valuing property for inheritance tax Calculating the inheritance tax liability and completing the inheritance tax return forms Consideration of tax planning and deeds of variation Paying the inheritance tax Distributing the estate to the beneficiaries Lifetime planning to reduce an inheritance tax liability The benefits of making a Will Trusts Glossary of key terms
'For the price, the publication is a bargain, in terms of both the spread of content and the practical advice contained' Paul Seal, STEP Journal, December 2011
Amanda Fisher runs her own tax, accountancy and training business - http://www.ajftaxation.com. She regularly teaches courses on taxation, tax efficiency and inheritance tax and works with HM Revenue and Customs through her tax practice. She is a member of the Probate and Estates Committee of the Society of Trust and Estate Practitioners (STEP) - http://www.step.org/
| SKU | Unavailable |
| ISBN 13 | 9780273729969 |
| ISBN 10 | 0273729969 |
| Title | Financial Times Guide to Inheritance Tax , Probate and Estate Planning |
| Author | Amanda Fisher |
| Series | The Ft Guides |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Pearson Education Limited |
| Year published | 2010-08-19 |
| Number of pages | 352 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |