Inheritance Tax Checklist

Goals

Following research from unbiased.co.uk as much as £530 million is set to be wasted in inheritance tax (IHT) this year by individuals not placing life protection policies ‘under trust’ - £58 million more than last year.

It is following the research that Prudential and unbiased.co.uk have launched an inheritance tax checklist for consumers to encourage them to take action with their inheritance planning.

You can view the Inheritance Checklist here.

Research

Research was pulled from the TaxAction 2014 report and the GetAdvised report in 2013.

Strategy

The checklist was launched in July and was promoted through a web poll and a series of articles and newsletters as well as a social media campaign via LinkedIn, Twitter, Facebook and Google+.

Results

The checklist picked up a lot of media coverage, including articles in FT Adviser, This is Money, Mail Online, Mail on Sunday, Moneywise and International Adviser.

Media

FT Adviser - Advisers blamed for clients losing out on IHT

This is Money - We have taken out insurance cover to safeguard our legacy': Six ways to spare your heirs from paying inheritance tax

Mail Online - Half a billion pounds in inheritance tax gifted to taxman because life insurance policyholders fail to use trusts