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  • Overview

    Stuart’s client inherited his wife’s share of some farmland, which had huge developmental potential. In the circumstances, Stuart advised that a deed of variation would be appropriate to avoid the inheritance forming part of his client’s taxable estate.

    Stuart assisted in establishing a trust for the client’s children, enabling the client to continue to control and manage the land.

    Stuart worked closely with the Commercial Property team at Thomson Snell & Passmore, which was involved in negotiating and completing a development deal for the client. This led to extensive funds coming into the trust. The powers in the trust were then utilised by Stuart to pay out the money in stages to the children.

    Stuart helped his client achieve an inheritance tax saving in excess of £1 million, enabling the client’s children and their families to benefit significantly.

  • Related Services

    Wills, Trusts & Tax Planning

    Our specialist lawyers provide high quality, intelligent advice that is comprehensive, considered and clear.

    Trust creation

    Creating a trust can have significant tax and other advantages. We advise on the Inheritance Tax and Capital Gains Tax implications of setting up a trust, and assist trustees with trust management.  

    Inheritance Tax advice

    Inheritance Tax can often be minimised with careful planning.

    Estate planning advice

    Careful planning can reduce your estate's tax bill considerably. As specialists in succession and related tax planning, we can offer practical and effective advice on a wide variety of issues.

Get In Touch

By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

Newsletter Sign Up

I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

We respect your privacy and want news to be relevant. To either, click here or update your preferences by emailing us at info@ts-p.co.uk. Your personal data shall be treated in accordance with our & .

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Jargon Buster