"HMRC will not charge you for regular payments made to loved ones from your surplus income. This can be relatively straightforward."

Partner Kieran Bowe contributes some of his best inheritance tax planning tips in the Daily Mail. He highlights the fact that regular payments made out of surplus income will not usually be subject to the seven year rule, as long as those payments don't affect the giver's quality of life.

The full article is available to read online.

Kieran is a partner in the private client group. He specialises in private client law, advising families and individuals on matters including estate planning, the administration of high-value estates, trust administration and Court of Protection work.