Inheritance tax has been cited in the past as a voluntary tax, as there are many ways to reduce one’s IHT liability. While there are a number of options, it is often not practical or advisable to completely mitigate IHT.
Andy Butcher offered his views to Money Observer.
The article can be found here: https://www.moneyobserver.com/dont-sleepwalk-inheritance-tax-nightmare
Please note, we are not affiliated with Money Observer and the views and information expressed on their website are their own.