An excellent presentation and most helpful to those interested in protecting their assets for future generations.
@ShortandSons2 жыл бұрын
Great explanations, as someone who doesn't come into contact with trusts too much, I fount it very useful!
@algreen93532 жыл бұрын
Some great examples and case studies. Very useful for my studies. Thanks
@lajollapowell40685 ай бұрын
Very useful for me -Thank you both
@2kingsofleon Жыл бұрын
Really interesting talk. Thanks a lot to both
@sssfff Жыл бұрын
Hi, for the example you used at around 9.20 mins, if the cgt for the £410k taxable gain is allowed to be deferred, and after as you said 6 months later bust the trust and put the property in the son's name, I think you said the cgt can still be deferred until the son sells the property maybe 7 years later? And if that's correct, then will the cgt be calculated from the market value of the house when it is gifted to the son, to say £100k gains when he sells it? Then it will be cgt on a £100k taxable gain instead of £410k? Or will the cgt count from the gains from the the house when it was bought by the parent in the 80s?
@northernhardcore.78992 ай бұрын
Hi! Great video, Guys! I have a house which was left to my Mum by her parents. My Mum died in 2008 & left the house to me. It’s worth £325,000. If I sell it, how much tax will I be liable to pay? I have a 30-yr old Son. Would it be better if I set up a Trust Fund for him instead? What about my Marital Home which I bought before I met my Wife? Does she have any inheritance tax to pay on the property if I die? I’m 55 & I’ve taken my Pension & retired to Jersey where I’m renting somewhere UNTIL my Wife who works in the U.K. retires then we will look at selling our home & moving to Jersey. Can you help? Thanks Northern Hardcore.
@ariloiola2 жыл бұрын
Thank you for this. I'm separated and would like to protect a rental property and my lived-in smaller holiday property into a trust so it is protected from ex-wife or future cohabiting girlfriend. Which trust do I need to undertake?
@miatrue98 Жыл бұрын
Incredibly interesting!
@michaeldaviesspanishinheri3734 Жыл бұрын
Very informative . Thank you
@charugera76542 жыл бұрын
Many thanks. Very informative. Can you please do a similar session on putting life insurance in trusts?
@skinbeautyproducts1998 Жыл бұрын
I know when you put the house in a Trust, you as the Trustee transfer the Deed name, from your name to The Beneficiary name, And you can be both a Trustee and a Beneficiary. So perhaps it's a similar process with Transferring a Policy from your name to you as the Beneficiary....not sure though, just throwing it out there please research it
@369dabbler26 күн бұрын
They’ve not managed to answer ONE question on here
@rhydianfairfax23393 жыл бұрын
Really helpful, thanks.
@simonkenwothy59332 жыл бұрын
I need advice.
@SISTIC110 ай бұрын
Very complicated
@rali95 Жыл бұрын
The origins are found in Islamic law, you kinda forgot that part.