Jenny Cutts

Partner

Private Client

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Expertise

Jenny is a specialist Private Client lawyer providing advice on wealth protection strategies during lifetime and on death through Will drafting, the creation of trusts and advising on lifetime giving.

Jenny works for a wide range of clients from families with inherited wealth to entrepreneurs. She also advises those in their twilight years on managing money down the family line and on issues concerning mental capacity including the preparation of Lasting Powers of Attorney and Court of Protection work.

Jenny acts as an executor for her deceased clients and as a trustee for family trusts.

Recent Experience

  • Advising on and preparing Wills for a married couple with complex asset structures and family circumstances. Advising on the availability of business relief, agricultural relief and protection from claims against the estate.
  • Advising on wealth protection strategies through a combination of gifts, lifetime trusts and advice on the devolution of assets, such as life insurance policies and pension benefits, through trusts and nominations.
  • Acting as a trustee for a family trust with a significant asset base, working with the land manager, accountant and financial advisors to maximise the trust’s potential to protect the financial future for the current and future generations of beneficiaries.
  • Acting as an executor and advising on the administration of estates including negotiating with HMRC on the availability of inheritance tax relief for lifetime gifts and over business assets, and advice relating to deeds of variation to alter the terms of the deceased’s Will.
  • Acting as an independent administrator for an estate where the Will is in dispute and the family is not in a position to agree a way forward.
  • Acted in the reported case PQ and another v RS and others [2019] EWHC 1643 (Ch).

Career History

Jenny qualified in 2000. She became a partner at Hyde Mahon Bridges in 2007 who merged with Cumberland Ellis LLP and she joined Wedlake Bell LLP from Cumberland Ellis LLP when the firms merged in April 2012.

Jenny has a degree in Law from Nottingham Trent University, she also completed the Legal Practice Course at BPP London.

Publications

“The Residence Nil Rate Band”, Financial Times.

Probate fees”, Spears.

Family affair article“, Private Client Journal

 

Jenny Cutts is ‘very good with clients. She has a modern approach to old family problems. She is very aware of the costs of the service and what is considered good value’.

Legal 500, 2017

News

Spring Budget 2023 – Private Client Announcements

The Chancellor’s Spring Budget 2023 did not contain any nasty surprises for private client practitioners with capital gains tax (“CGT“), inheritance tax (“IHT“) and income tax rates and allowances to remainRead more

Bulletins

Wills and Probate Monthly Update – March 2023

A round-up of legal updates for the Wills and probate industry over the past month is as follows. Estate administration – change to the legal definition of “treasure” The governmentRead more

News

Wills and Probate Monthly Update – February 2023

A round-up of legal updates for the Wills and probate industry over the past two months are as follows. Tax Policy – Finance Act 2023 On 10 January 2023, theRead more

News

In Trust – Winter 2022/2023 Welcome

Welcome to the Winter 2022/2023 edition of In Trust. Our team continues to grow and I would like to welcome Emily-Jane Lee who has joined as a solicitor in ourRead more

News

Autumn Statement update

The Chancellor’s Autumn Statement was delivered on 17 November with the premise to “ask more of those who have more”. While many predictions proved to be accurate, it was perhapsRead more

News

Wills and Probate Monthly Update – December 2022

A round-up of legal updates for the Wills and probate industry over the past month is as follows. Tax policy – Autumn Statement and Finance Bill The Chancellor Jeremy HuntRead more