Some of these methods of mitigating the inheritance tax on your death need to be very carefully considered, especially with the Residential Nil Rate Band allowance coming in next year.
For example, the "Ronnie Corbett" loophole may leave you with no additional allowance if you die within 7 years.
The easiest one is to take appropriate advice, write a Will and review it as the tax laws change and your own circumstances change.
The taxman is taking more inheritance tax than ever, with a jump of more than 20pc expected in death tax takings for the tax year that ends today. Some argue that death taxes are a fair way to redistribute wealth across social groups and age groups. But, in practice, most families who expect to have to pay inheritance tax take steps to avoid it - using a number of entirely legitimate loopholes.