It's within the Assets & Liabilities and IHT Position step of the Introduction section that you can include a summary of your client's assets and liabilities, and summarise their current IHT position.



The step is automatically triggered when you select the following Genovo-owned advice option in the Client Objectives step:


"Look at ways to reduce the inheritance tax liability that could become due on your estate on your death"


You can edit the three column headings within the table e.g. change "Mr" to "David", and all of the columns and rows are intelligent, so if you do not enter data in a particular row or column it wont be included in your report.


The total net value of the client's estate will be auto-calculated and inserted in your report, and you will be prompted to insert the IHT liability that is currently due on the client's estate.


In terms of the report output, the table and surrounding text will be inserted within the Introduction section of the report under the client's needs and objectives. The surrounding text can be  can be edited in the usual way via the Report Content Manager, and can be found within the Assets & Liabilities snippet.


Further Reading


How do I write an inheritance tax planning suitability report?