UK insurer Standard Life has launched a new information pack to help clarify estate planning issues for financial advisors and their clients. The Estate Planning Solutions Pack includes information on onshore investment bonds, offshore investment bonds, mutual funds, protection and pensions. It is accompanied by commentary on wills, domicile and the inheritance tax issues arising with the family home. Research carried out last year by Standard Life found that half of the UK population had not made a will and only 17 per cent of individuals have taken advantage of the estate planning benefits of trusts. Standard Life estate planning specialist Julie Hutchison said: “Inheritance tax receipts for the last financial year are estimated at £3.54 billion ($7 billion) and are projected to rise to approximately £4 billion this year, so this is an increasingly important area for advisers.” “By introducing IHT planning together with improved knowledge on wills, powers of attorney and domicile, financial advisers can make a real difference to their business model and, more importantly, to the lives of their clients,” she added.