Another aspect of financial planning is setting up an Inheritance Tax (IHT) Plan. It’s form of end-of-life planning that can be quite complex, especially when the estate you’ve gathered over the course of your life consists of a variety of assets, such as one’s home and contents, vehicle(s), shares or investments, jewelry and other valuable possessions like for example pieces of art, possibly foreign property, et cetera. Research performed by Time Investments showed 36 percent of the surveyed persons aged 55 with assets over the Inheritance Tax threshold had not yet considered inheritance tax planning. This lack of IHT planning could affect the beneficiaries in one’s will considerably.