Inheritance tax, and the rules and regulations governing it, can be complicated, just like many of the options for limiting any potential tax bill, when passing on your wealth. It is important for you to seek professional advice when considering or setting up a trust.
With appropriate trusts and inheritance tax planning your financial adviser can help you avoid making the taxman your largest beneficiary when you die.
Please note that trust arrangements are not Old Mutual Wealth products, they are legal arrangements allowing your investments to be held in a way that minimises their tax liability.
You can find further information about tax and trusts in these documents:
A guide to investment for trustees
This guide highlights some key aspects of investment for trustees.