IHT on PLA and Whole of Life

Hi,

If someone reduces their taxable estate, using a lump sum to fund a purchased life annuity and then using the capital return to fund a WOL premium up to the £3k annual exemption, is the premium immediately exempt?

Benjamin Fabi FPFS
Chartered Financial Planner

http://twitter.com/benjaminfabi 

Comments

Sign In or Register to comment.