Planning for wealth to pass between generations has become a more crucial aspect of financial planning, as inheritance tax is a tax that hits many more people.
House prices have soared over the past two decades, and despite increased allowances, especially if one is passing one's property onto one's children, many more come into this area.
There are a number of ways to mitigate this, and other rules around pensions have relaxed, so that if one dies below a certain age, one can pass one's pension onto one's descendants.
This guide illustrates some of the ways that individuals can pass on their wealth, and is indicative of 60 minutes CPD.
Part I of this series can be found here