Whatever your goals, we offer intelligent, expert solutions which are tailored to your particular needs. The following case studies describe a variety of situations where we can help you avoid costly mistakes:
Your Children, Inheritance Tax and Protecting your Assets
Jean and Alan are in their early forties. Their three children, Zoe, Emma and Clive are aged 18,16 and 10. They want to set aside some money for Clive and Emma’s education. They are considering a buying a property that Zoe can live in at university. They may give the property to Zoe in the future but have concerns about her new partner and the tax issues. They also want Jean’s sister to be the guardian of the younger children if the worst happens. They suspect that Inheritance Tax would have a substantial impact on their children’s entitlement but they have only basic wills, made shortly after Zoe was born. How best can the family’s assets be protected and the tax consequences minimised?
What should I do next?
These are just a small selection of instances where you should obtain expert advice before taking action. Our strength is in analysing your position, recognising any pitfalls and providing creative and thoughtful solutions that suit your circumstances. For further information contact trusts@lanesmithshindler.com or telephone 0845 658 48 48.
