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How the 7-Year Rule in Inheritance Tax Works and Ways to Reduce Liability

Understanding the 7-Year Rule is crucial for effective Inheritance Tax Planning in the UK. This article dives deep into how this rule works, exploring Potentially Exempt Transfers (PETs), taper relief, and strategic gifting. Learn how to optimise your estate and secure your legacy for future generations.

How the 7-Year Rule in Inheritance Tax Works and Ways to Reduce Liability

How the 7-Year Rule in Inheritance Tax Works and Ways to Reduce Liability

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