Heirs and Affairs
Heirs and Affairs, the podcast from Clarke Willmott’s Private Client team. Clarke Willmott’s private client experts delve into the intricacies of, and find solutions to, complex wills, inheritance tax, trusts, and planning. Helping you to support your clients both domestic and international to save tax and protect assets for their families. Find out more at https://www.clarkewillmott.com/
Episodes
In this episode, Tom Chiffers and David Maddock discuss the intricacies of trusts, particularly focusing on lifetime trusts for farmers and landowners.
They discuss the fundamentals of trusts, their uses in asset protection, and the implications of recent changes in inheritance tax legislation.
The conversation also covers capital gains tax considerations and the role of discretionary trust...
In this episode, Carol Hawking and Georgia Collier from Clarke Willmott discuss 'the niggly bits' in Trusts, including the definition of a trust, different types of trusts, capacity of trustees, use of trustee powers, and common issues that arise.
The conversation covers the importance of reviewing the trust document and understanding its powers and limitations. They also discuss the role of lay trustees...
Georgia Collier joins Carol Hawking once again to discuss Deeds of Variation, which allow individuals to change the terms of someone's will after their death.
They explain the timing issues involved and the various reasons that someone might want to enter into a deed of variation, from faulty wills, tax planning, loan plans, asset protection, and diverting assets to different people.
They a...
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