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What a great video

Absolutely brilliant and a real introduction into how we can future proof our children's inheritance. Thank you.

We've been there lost everything in care fees

Putting your home into a trust and still living there is a ‘Gift With Reservation’ so would receive no Inheritance Tax relief.

More lies

Really helpful video, but would have been even better if the guy asking the questions caught on a little more quickly.

Can you give a link to your site you mention that has the price list for creating Trusts please?

Its the worst crime against the people. An ugly crime. A sick crime. A dark crime

This ❤

Here is another idea. From April you can be non resident for tax. After 3 to 10 years you will be IHT free. Make sure you settle in one of the many countries where ingeritance tax is seen as evil.

Hi Mike, is there a contact number that I can call you on to arrange an appointment?

Q1. How long does it take to draw up a trust for a married couple with children(s)? Q2. If I added a primary residential home into a trust, is it easy to add other things later on. Q3. Or I need to create separate trust? Q4. Can the Settor, be a trustee and a beneficiary along with the children. Q5. 2 minimum trustee, (me and wife) what happens when one of us dies? Or both of us, with no trustees. -- apologies for a lot of the questions as I am learning.

Can crypto be placed into a trust, when setting up?

If the house is placed into a lifetime trust can you still claim the Residence Nil Rate Band when calculating IHT? My understanding is that as you are still living in the house this is a Gift with Reservation of Benefit so the value of the house must be included in the IHT calculation.

Thank you. Excellent well explained video. I did not know very much about trusts.

I assume we’d use a IIPT to prevent sideways disinheritance? Love this content btw Mike!!!

But surely putting the property into trust with children as beneficiaries whilst continuing to live within is a gift with reservation?? Unless you pay market rent or POAT)

Putting the property into trust to mitigate care fees is seen as a deliberate deprivation of assets, no??

You stated entry charges on over £325k at 20%. You stated you avoid these. How is this possible with a £400k home? I assume if you have £5M in shares that you need to split these into multiple trusts to avoid tax fees, entry peridoic and exit?

7:40 You transfer a home into a Trust and as the person lived there it's still subject to IHT. This goes against one of the main reasons for setting up the trust. Really confused. Is this only for 7 years?

is there a trust to protect my property from hm rc putting a hold on it

Hi, how does putting a property into a trust before a charge is put on it affect it, if at all?

Great video but, I think, found too late for us. Unless... You say a lifetime trust can't be set up with a diagnosis but what about your first option? Can that be done with a dementia diagnosis on place?

They say that wills become invalid once one marries, does this apply to trusts as well? So for example if I own a home, put it into a trust, then get married. If the marriage fails, would the ex get the share of the property?

Ann maria Flat 4/40 leopold rd Felixstowe her and her alcoholic boyfriend profits of child porn and it goes In trust fund for there new born and nobody the wiser it must be how this network hide they profit from this crime / now we will all keep a snide eye out /😀🙃😄😙🙃

You are providing a great service, thank you for helping people who need directions around the legal mine field

Very crisp and clear ❤

You pay 40% tax on rental income

is it true you can avoid paying inheritance tax in the UK if the property was put in a “trust“ before its inherited/before the person djes?

Could you discuss how this impacts IHT? Yes, protecting from care fees, but doesn't this mean losing spousal exemption? Or would this be considered RNRB if passed to children via spouse?

A great Q&A video, thanks. Future ones might be better if shorter, because many viewers skip videos longer than 20 minutes. I heard Mike say that anything that can be owned can be put into trust, but bullion cannot be put into trust. Many of us would feel better educated if we knew why.

Great content!

Surviving parent wants to gift the family home to his son. His son has always lived at the family home. No mortgage, no money changing hands, property value way below the inheritance tax threshold. No trust required, just change of name on the deeds??

Exceptional video. Thank you so much for releasing this video 🙏🏼

Can you change a trust at anytime

Total cost of Trust, will and LPA

Are crypto assets taxed when moved into a trust during its creation?

Hi. Who is paying for the care home fees?

More of this content

Me thinking it is about kamen rider😂

How much do it normally cost. to put a house on to a trust..

I will not marry a man that hides money .

In my family my Dad died without signing his will and my 90 year old mother with cancer refused to set up an LPA because in her words, 'I've not got dementia!' The problem is the fear of death and others.

Do you have an office near Newcastle upon Tyne. And how do I get a free 20 min phone call to go through my requirements for a living trust Thanks

You say in the video that a lifetime trust is exactly that in that it lasts 125 years with no additional payment. However on other channels I’ve watched they say that there is a trust payment every 10 years? Please clarify. Thank you

You must not have a child. Only a terrible parent would think this way I raised my daughter right and have no worries feel sorry for you buddy....

What are the disadvantages of a trust?

I have a BTL property that I want to gift to my brother. Can I do this without incurring CGT? It has a small mortgage.

Love this, thank you, i’ll be in-touch 😊

great content; really helpful, have subscribed