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Restructuring your property business...don't forget your Wills and LPA's!
Manage episode 301410974 series 2977496
Content provided by Simon Howley ATT (Fellow), CTA, ATA, AFA, MIPA and Amanda Perrotton LLB TEP Solicitor, Simon Howley ATT (Fellow), CTA, ATA, AFA, MIPA, and Amanda Perrotton LLB TEP Solicitor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Simon Howley ATT (Fellow), CTA, ATA, AFA, MIPA and Amanda Perrotton LLB TEP Solicitor, Simon Howley ATT (Fellow), CTA, ATA, AFA, MIPA, and Amanda Perrotton LLB TEP Solicitor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this weeks episode, we discuss how critical it is to not overlook Wills and LPA's when thinking of restructuring your property business.
The fundamental questions we address are:
- What is the point of a Will - why not rely on intestacy, what is intestacy;
- Who are the main appointments in a will - professional executors or not?
- Important considerations in relation to generational planning in line with the structuring of a property portfolio
- How do I protect my estate from divorce; step children; subsequent marriages?
- Clients misunderstanding about Mirror Wills and Mutual Wills when is each appropriate?
We round off the episode with a recap of what's being going on within Bell Howley Perrotton, with two new exciting announcements and tales of how difficult it can be to convince a prospective client, that they are not the beneficial owner.
Join us next week where we are joined by Andrew Thornhill QC, leading tax barrister and Adam Lawrence, co-founder of the Partners In Property Network.
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A new episode will be uploaded each week on Monday mornings, and if you have any burning questions or queries regarding any tax or legal topic surrounding UK property, then we would love you to send them in to to us at enquiries@bhptax.law, marked 'Property Planet' and we will try and include them in the next podcast.
Also if you would like to arrange a free 30 minute consultation on a particular tax or legal matter relating to UK property ownership, investment or development, then please contact the team on +44 20 7129 1432 or email us at enquiries@bhptax.law
We'd love to hear from you. Lets work together to create a game changing experience
For more information about Bell Howley Perrotton LLP go to our website
https://www.bellhowleyperrotton.co.uk/
To get in touch with Simon or Amanda their contact details can be found here
Team (bellhowleyperrotton.co.uk)
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