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Property trust will
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Malthusian wrote: »A rather strange wish, to take the income away from your children at the point they need it most. And distribute the capital to their children who at this point will probably be at the peak of their careers and may have no need of the money, so not only is the income switched to people who need it a lot less but they would pay more tax on it.
Plus your children will have reached different ages when they are 2047 (unless they are triplets) (and people retire at different ages anyway) so it has absolutely nothing to do with "pensionable age", it's arbitrary.
HMRC will love you for writing your Will this way but I'm not sure anyone else will.
Why does this seem like a good idea?
Didn't ask you to for an opinion on my decision on who benefits from my will, and neither is it welcome!0
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