Advising a wealthy client on how to create a disabled person’s trust for the benefit of her nephew. This avoided a substantial lifetime charge to inheritance tax without adversely affecting the disabled beneficiary’s entitlement to receive benefits.
Advising a wealthy client with concerns about a child’s financial stability and potential marriage difficulties on how to set up a trust. The child and grandchildren were able to receive a benefit but the client retained control.
Making use of the potential inheritance tax saving available by creating a succession of family trusts every seven years.
Established education trusts for grandchildren of numerous clients, as part of our wealth management strategy and planning services.
Advising and implementing the establishment of 24 pilot trusts in relation to a SIPP in the context of the overall wealth of the client.