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  • Overview

    Following his divorce, our client had made a Will leaving everything to his children.  He subsequently re-married.  Mark Politz advised on how the potential inheritance tax liability (likely to be several million pounds) could be eliminated, or at least deferred, by the client changing his Will to leave his second wife an entitlement to income.  The intention is that this would be terminated shortly after our client’s death, with the majority of the trust fund then passing to his children.  We also recommended leaving to a Discretionary Will Trust various agricultural and business assets, in order to avoid wasting valuable inheritance tax reliefs.  This involved carefully identifying all of the business and agricultural assets qualifying for relief. 

  • Related Services

    Wills, Trusts & Tax Planning

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

    Wills, gifts and other applications

    Our Court of Protection team is one of the most experienced in the country in advising Deputies and Attorneys on formal applications for gifts, wills and property transactions.

    Wills & succession

    A will is an essential part of your personal financial planning.  

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.

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General Private Client UpdatesGeneral Commercial UpdatesConstruction UpdatesCourt of Protection UpdatesAgriculture & Rural Affairs UpdatesCommercial Property UpdatesEmployment UpdatesDispute Resolution UpdatesCorporate & Commercial UpdatesCharities & Not for Profit UpdatesFood & Drink UpdatesEducation UpdatesTransport & Logistics UpdatesFamily Business & Owner Managed Businesses Updates

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Jargon Buster