John Humphreys: Trusts, trust and family wealth planning

IHT understanding 'pretty poor'

clock • 5 min read

John Humphreys has trust issues. Here, he runs through the key considerations for advisers when working with families who wish to pass wealth from one generation to another...

It is a natural instinct to provide support to children and grandchildren - not least financially. Today a notable population of baby-boomers have benefitted from strong growth in house prices and prolonged comfortable wage growth, while their children are struggling with lower-than-expected income and a widely-unaffordable housing market. These families may well be wondering if and how they should pass some of their wealth between generations. These situations present both a need and an opportunity to consider inheritance tax (IHT). Our own research suggests that understanding ...

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