Will Drafting and the RNRB

Aim:

• To help practitioners grapple with the drafting of Wills to capture the multiple nil rate bands which present clients with opportunities to save Inheritance Tax and to examine some of the practical issues

Outcome:

• Participants will:
  • Appreciate what is possible
  • Avoid incorrect drafting of the NRB gifts
  • Be able to identify what may be a case for counsel

Agenda:

• Background
• The various conditions for the bands on offer
• General points in taking instructions
• Problem areas to address in drafting
• Discussion questions