Proper inheritance tax planning could save your family hundreds of thousands of pounds in tax. This comprehensive guide tells you everything you need to know about inheritance tax and how to avoid it. It takes a detailed look at both simple and sophisticated tax planning strategies and will help you decide what action you and your family should take now. Topics covered include: The very latest changes announced in the March 2008 Budget, how to calculate inheritance tax, how to shelter your home from the taxman, the tax benefits of trusts, how to gain extra mileage from the 312,000 exemption, how to gift assets during your lifetime without causing financial hardship to you and your spouse... plus lots more!