Inheritance tax planning timeline

https://bravo-wiki.win/index.php/Inheritance_tax_planning_timeline

When thinking about inheritance tax planning, it's best to start early—ideally seven years before you might need it. That's when gifts become exempt, and you can gradually transfer assets without triggering a tax bill. If time is shorter, you might look at life insurance policies written in trust or charitable donations to reduce the liability. The key is reviewing your will regularly and updating beneficiaries on pensions and investments. Executors often scramble after death, but a solid timel…