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Can I use an equity release plan as a way of reducing Inheritance Tax?

April 26, 2017equity inheritance tax Plan reducing release

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Can I use an equity release plan as a way of reducing Inheritance Tax?

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If you take out an equity release plan you will reduce the value of your estate, so this may reduce any Inheritance Tax liability you have. However, you should not use this type of scheme for tax purposes without first seeking professional advice.