Are we talking enough about protection and succession planning?

Why are more IHT liabilities for gifts not being protected?

clock • 4 min read

Naomi Greatorex, managing director, Heath Protection Solutions, explains the role of protection as part of succession planning with COVER's sister title, Professional Adviser.

As I have been growing my professional network and attending more industry events, I have been talking more about the role of protection as part of succession planning. Protection can often be overlooked as part of this plan. However, a life assurance policy written into trust is often a simple and effective piece of planning here, giving the individual and the family peace of mind. I recently spoke with a group of investment managers about protecting a gift with a reducing life plan (gift inter vivos). This was something they weren't currently considering, as they only advised on inv...

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