Private Wealth by Greenwoods is for those who care deeply about protecting not just their financial wellbeing, but the people and values they cherish most. We bring clarity to complexity, ensuring every decision supports the life you lead and the legacy you leave.
Our mission is to demystify wealth, to educate with empathy, and to support families through life’s key moments, from building a legacy to preserving it for generations to come.
Private Wealth by Greenwoods is for those who care deeply about protecting not just their financial wellbeing, but the people and values they cherish most. We bring clarity to complexity, ensuring every decision supports the life you lead and the legacy you leave.
Our mission is to demystify wealth, to educate with empathy, and to support families through life’s key moments, from building a legacy to preserving it for generations to come.
Home » Case Studies » Advised on inheritance tax for estates involving £2m+ gifts to children
Administered the estates and provided advice on the inheritance tax position of a late husband and wife who, prior to their deaths had given away substantial assets in excess of £2m to their adult children.
An additional complexity was that the Wills specifically gifted residential properties to their children, some of which had been sold during lifetime, resulting in considerably unequal provision for the children in the Will, causing a serious risk of family conflict. We provided advice and prepared a deed of variation to address this.
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