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Inheritance Tax Planning Handbook

General Editors: John Bunker and Anthony Nixon
Availability: Published

The laws affecting the inheritance tax on wills, trusts and estates are complex and full of pitfalls for the unwary. Inheritance Tax Planning Handbook provides a comprehensive overview of the planning opportunities available to mitigate the inheritance tax payable, with the help of examples and practical tips.

It provides a handy reference to the exemptions, reliefs and allowances available, explores the variety of different trust regimes as well as the complex rules around nil rate bands, and especially planning issues for spouses and around the residence nil rate band. Special circumstances are also explored, including agricultural and business property relief, financial planning, capacity issues and non-residents.

The book also explains:

  • key probate and trust planning issues
  • anti-avoidance measures and what they mean for your clients
  • will writing and variations
  • working with financial planners and others on solutions for clients
  • planning with lifetime gifts.

This working reference book provides an accessible guide that can be used to steer clients through the complex inheritance tax regime affecting estates and trusts, and is indispensable reading for all private client practitioners.

Please place international orders via telephone number +44 370 850 1422.


The book pulls together everything you need on a day to day basis. It is an achievement to get so much useful content into only 341 pages...It is the sort of book that sits on your desk, rather than your shelf, and is highly likely to be well used in the office by everyone ranging from the trainee solicitor to the head of the department.

Caroline Bielanska, Solicitor, TEP, Independent Consultant

From lifetime gifts to post death variations the 18 planning chapters leave no stone unturned in the search for ways to help clients achieve the best tax result on death. (It is) a practical book which will be well mined by conscientious private client practitioners, and some individuals, looking for a solution to ever more complex IHT situations.

Denese Molyneux TEP APFS


1. Inheritance Tax Principles; 2. Exemptions, reliefs and allowances; 3. Further Nil Rate Bands (NRBs); 4. IHT Planning anti-avoidance; 5. Forms of Trust for IHT purposes; 6. Aggregable Trusts; 7. Relevant Property Trust (RPT) Regime; 8. Compliance; 9. Probate; 10. Practical Trust Compliance and Administration; 11. Introduction to Variations: Changes within two years of date of death; 12. Planning with Lifetime Gifts; 13. Spouses/Civil Partners: Will planning with trusts; 14. Planning within two years of death; 15. Reliefs for Agricultural and Business Property (APR & BPR); 16. The Residence Nil Rate Band (RNRB); 17. Residence Nil Rate Band (RNRB) Planning; 18. Estate Planning from lawyer/tax perspective; 19. Estate Planning – planner’s perspective; 20. Business Planning with wills and cross-options; 21. Businesses and Lifetime Planning; 22. Alternative Structuring Vehicles; 23. Grossing up etc. on death; 24. Introduction to Business Asset Disposal Relief (formerly Entrepreneurs Relief); 25. Stamp Duty Land T 

About the Author

John Bunker is a Solicitor, Chartered Tax Adviser and Freelance Lecturer on Inheritance Tax, wills, trusts and estate planning, who leads technical and training work in Irwin Mitchell’s Tax Trust and Estates practice. Anthony Nixon is a Solicitor and Chartered Tax Adviser, and a former partner in Irwin Mitchell.

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Private client


December 2020


The Law Society




384 Pages