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Writing off the loan - IHT implications

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    #11
    Originally posted by RickG View Post

    However, specific to this thread - webberg, Id hoped you would point out that writing off of loans has implications beyond IHT, after the passing of FA 2017.
    But this thread is about IHT consequences of writing off loans. So I think I've stuck to the brief?

    Depending on the type of trust (and whether a trust actually exists) a loan write off will likely be seen as an IHT event.
    Best Forum Adviser & Forum Personality of the Year 2018.

    (No, me neither).

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