The taxman will be after your wealth when you die, so don’t delay planning your escape tactics.

After a lifetime spent building up their wealth, few can fail to find it infuriating that the taxman will take a significant chunk in inheritance tax when they die.

However, there are many things you can do to reduce a future inheritance tax liability, ranging from very simple steps, such as giving money away, to more complex arrangements using trusts.

This exclusive feature from Money Observer gives all you the essential expert information on inheritance tax and how with some careful planning - it is possible to avoid paying it altogether.

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