TIME: How provisions in a will could lead to an IHT disadvantage (March 2022)

We have come across a few scenarios recently where certain provisions in a Will have led to an unexpected IHT disadvantage, largely due to the little known apportionment rules. The session explore the apportionment rules covering ‘What’ the situation is, ‘How’ the rules work and ‘Why’ it is relevant for advisers to understand.

Bob Nicoll:

Bob joined TIME in September 2014, having previously spent 12 years at Aviva. Bob is originally from Glasgow and currently covers the North West of England and North Wales for TIME. Bob holds a BA Hons in Business Studies and Economics from the University of Stirling and has since achieved FPFS status, the IMC qualification and has recently become a STEP Affiliate.