HMRC Is Watching: 5 Red Flags That Trigger an IHT Investigation

Your estate could trigger an HMRC investigation without you ever having done anything deliberately wrong. In this video, we explain the 5 red flags that trigger HMRC inheritance tax investigations and how to avoid them. Please subscribe and turn on notifications to stay updated with the latest estate planning guidance from ELM Legal Services. ----------------------------------------------------------------------------------- 🔍 CHAPTERS (00:00) START (00:52) INTRO (01:05) RED FLAG 1: Unrecorded Gifts (03:15) RED FLAG 2: Undervaluing The Estate (04:48) RED FLAG 3: Gifting Home, But Still Living In It (06:12) RED FLAG 4: Undeclared Assets (08:10) RED FLAG 5: Missing IHT Deadline (09:59) HMRC: 5 Avoidable Red Flags (10:57) OUTRO ----------------------------------------------------------------------------------- 📺 MORE FROM THE "EVERYTHING ESTATE PLANNING" SERIES Don't Gift Your House to Your Kids! Do This Instead:    • DON'T Gift Your House to Your Kids! Do Thi...  = Could They Take Your Family Home?:    • Why Every UK Family Should Consider Puttin...   Trusts: The Good, The Bad, and The Costly:    • Trusts: The Good, The Bad, and The Costly   Stop Overpaying Inheritance Tax:    • Stop Overpaying Inheritance Tax (Most Peop...   How 2nd Marriages Accidentally Disinherit Your Children:    • How To Accidentally Disinherit Your Children   ----------------------------------------------------------------------------------- âť” HAVE QUESTIONS? Leave a comment or email us at đź“© [email protected] ----------------------------------------------------------------------------------- đź”— LINKS ELM Legal Services Website: https://www.elm-online.co.uk ----------------------------------------------------------------------------------- 👉 FOLLOW US Facebook:   / elmlegalservices   Instagram:   / elmlegal   TikTok:   / elm_legal_wills_probate   ----------------------------------------------------------------------------------- #estateplanning #trusts #estateplanning #trustlaw #willsandprobate

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