Many people think that inheritance tax planning is limited to either making certain types of tax exempt gifts in a Will (to a spouse or charity) or ensuring that there is a stash of cash hidden under the bed so that the kids don't have to sell an organ to meet the tax liabilities once they're gone.  

The sale of David Bowie's art collection, which has generated more than enough profit to cover what would have been a £27 million inheritance tax bill in the UK, demonstrates that there are more imaginative, and enjoyable, ways to plan for the big bill at the end of our lives.

Tax planning is something that we should all consider, even if it seems unlikely at this stage that our estates will be over the threshold, because you never know when your lottery numbers might come up (or, more likely, that the government reduce the threshold) and thinking outside the box can make even the dullest of topics seem slightly more fun...