For children consider favoured trusts to enable them to use their own tax allowance. Give away interests under trusts. Some trust interests may be given away, for instance to the next generation, with little or no tax to pay. Consider varying or disclaiming interests under a Will or intestacy. There is a two year period from the date of death for this.
Prompt action can save tax.
Review your Will regularly. Changes may be necessary as a result of changes in personal or financial circumstances. Always make sure that your Will is an accurate reflection of your current wishes. Make sure you have appointed guardians who will look after your children under 18 in the event of your death. This is especially important where you are not married to the other parent of the child.