Advertisement feature: Gift of education or gift to the nation?
From our UK edition
Simon Blowey, Financial Planner – Brewin Dolphin It’s quite typical to begin a financial article with the well-worn quotation attributed to Benjamin Franklin that nothing in life is certain apart from death and taxes. However, as well as being a little trite and over-used, the sentiment is actually incorrect, despite its continued use by financial panjandrums. There is no greater example than inheritance tax (IHT). In many cases, the tax saved upon the estate could fund from prep school to university, one or several educations, and as such the view of IHT is far more divisive as the levy of death duties appears iniquitous.