Head of Private Client Group Camilla Wallace and Associate Andrew McIntyre have written about the complexities of owning or inheriting a landed estate, and the various funding options to be considered in order to pay for the upkeep of an estate. These include:
- varying the inheritance;
- making a lifetime gift;
- undertaking long-term tax planning;
- diversification; and
- selling.
To read the full article from STEP Journal Plus (£), please click here.