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  • Tax

    How will you pass on your property wealth?

    Sorry to jump on your post but I am constantly churning over what to do with my portfolio (currently sole trader) in relation to protecting it from care costs and also leaving it to my children and minimising IHT. I also want to protect it from sideways inheritance ie whatever I leave I don’t want some thieving son in law grabbing it!!

    what are my options?

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    You can set up a family trust to stop your children’s partners getting the assets

    i have set up a family trust for this very reason

    on death all my properties go into a trust

    take good advice

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.