Heirs and Affairs

In this episode of "Heirs and Affairs," Vikki Shamond and Emma Pope from the Private Client team at Clarke Willmott delve into the crucial aspects and common pitfalls of estate administration. Whether you’re preparing a will, considering who you might select as an executor, acting as an executor, or managing estate matters, this discussion offers valuable insights to avoid costly mistakes and ensu...

In this episode of Heirs and Affairs,  Lauren Smart and Jeremy Bourke from the Clarke Willmott probate team explore the complexities of managing estates that span multiple jurisdictions. Whether you're an individual planning your estate or an executor handling international assets, this episode offers critical insights to help navigate assets, beneficiaries or tax liabilities spread across interna...

Join Tom Chiffers and Holly Smith in this episode of the Heirs and Affairs podcast from Clarke Willmott, as they explore how nuptial agreements aren’t just for Hollywood marriages, they can protect the assets of farming families. Holly, a family law expert, clarifies misconceptions around nuptial agreements and explains the important role they can play in preserving generational wealth. Essential...

In this episode, Tom Chiffers and David Maddock discuss the intricacies of trusts, particularly focusing on lifetime trusts for farmers and landowners. They discuss the fundamentals of trusts, their uses in asset protection, and the implications of recent changes in inheritance tax legislation. The conversation also covers capital gains tax considerations and the role of discretionary trusts in es...

In this episode of the Clarke Willmott Farming Heirs and Affairs Podcast, Tom Chiffers and Philip Whitcomb discuss the critical topic of succession planning for farming families, especially in light of recent changes in inheritance tax legislation.   They cover the importance of effective communication among family members and advisors, and the various tax implications that arise during the succes...

In this episode, Carol Hawking and Georgia Collier from Clarke Willmott discuss 'the niggly bits' in Trusts, including the definition of a trust, different types of trusts, capacity of trustees, use of trustee powers, and common issues that arise. The conversation covers the importance of reviewing the trust document and understanding its powers and limitations. They also discuss the role of lay t...

Georgia Collier joins Carol Hawking once again to discuss Deeds of Variation, which allow individuals to change the terms of someone's will after their death. They explain the timing issues involved and the various reasons that someone might want to enter into a deed of variation, from faulty wills, tax planning, loan plans, asset protection, and diverting assets to different people. They also dis...