Private Wealth Matters by DMH Stallard

DMH Stallard LLP

Our podcast channel brings you thought provoking and insightful discussions on all things private wealth. We will talk about future and later life planning and wealth management, from making a Will or creating a trust, to preparing powers of attorney and ensuring the welfare of elderly or vulnerable relatives. Our experts will explore issues surrounding the administration of estates and trusts, and discuss effective tax and succession planning strategies for individuals, their families and family businesses.

Episodes

  1. 12/18/2025

    Can the Budget turn the economy around?

    Can the Budget turn the economy around?   In this episode of our Private Wealth Matters Podcast, Ingrid McCleave is joined by Jade Swanston (Chief Revenue Officer at Advanta Wealth), Danielle Ford (Head of Tax Disputes & Resolutions at HaysMac), and Graeme Privett (Private Client Tax Partner at HaysMac). The conversation takes somewhat of a bird’s eye view, discussing the panel’s overall thoughts on Rachel Reeves’ 2025 Budget, how it has affected (and will affect) businesses versus individuals and what it actually means for people. Will this Budget bring stability or pave the way for more potential tax rises next year? During this episode, the panel touches on a number of topics, such as: Was this a growth Budget for entrepreneurs and business? Who were the winners and losers? Fiscal drag The new ‘mansion tax’ Inheritance tax –concessions related to agricultural property relief and business property relief Pensions – salary sacrifice changes Tax considerations in relation to business incorporation Dividend allowance limits Venture Capital Trusts The middle class hit harder than most? Landlords Starting rate savings limit changes Self Assessment changes The Loan Charge   Now the dust has settled slightly following the announcements, the discussion in this episode cuts through the ‘noise’ and drills down into some of the major areas affecting business and individuals; giving listeners some key takeaways to consider.

  2. 05/29/2025

    Land, Legacy, and Law: what the new inheritance laws could mean for farming families

    Land, Legacy, and Law: what the new inheritance laws could mean for farming families   As a new series of Clarkson’s Farm is released, so to is the latest episode of our Private Wealth Matters Podcast. We delve into all things farming / farming families and farming estates.   In this episode Emma Weir speaks with Family Team partner Rachel Osgood and Private Client Team Senior Associate Jade Paine on this very topical subject.   There are over 200,000 Farm holdings in the UK and nearly half a million people employed within the agricultural sector. Much has been publicised regarding the changes to the agricultural property reliefs announced in the budget in October 2024 and the potential for significantly more inheritance tax to be paid by farmers and their families.   During this episode, we not only delve deeper into both the current provisions and proposed changes to this inheritance tax relief, but also into the family law side of farms and farming families with a discussion on the significant potential for conflicts between estate planning to maximise IHT savings and protecting assets in relationships and on divorce.     Farms are often generational businesses and we discuss the importance of both estate planning and family law planning to ensure the farm can pass through the generations as much as possible.

  3. 03/10/2025

    Control and choice – the importance of LPAs

    Control and choice – the importance of LPAs   No one wants to think about a time in the future when they may no longer be able to make decisions for themselves about their health, welfare, property or finances. However, as we are all increasingly living longer and sometimes with conditions such as dementia, it is important to think now about what you would want to happen in the future in such circumstances. A Lasting power of Attorney (LPA) may be an insurance policy that you never need to use but should be viewed as a key part of later life planning.   • What are the different types of power of attorney?  • When and how can an LPA be put in place? • What are the duties and responsibilities of an attorney? • What are the limits on how an LPA may be used? • What happens if no LPA has been put in place and support with decision making is needed?   In this episode, Jenny Ray speaks with private client partner, Emma Weir, addressing these questions and discussing what LPAs are and why it is so important to have one sooner rather than later.

  4. 02/11/2025

    Guarding your legacy with asset protection

    Guarding your legacy with asset protection In England & Wales we have apparent testamentary freedom, however, freedom to leave your estate as you wish does not always mean you can control how assets are ultimately distributed, particularly in the longer term. Poor planning can lead to unforeseen circumstances and sometimes unwanted and undesirable consequences. People are living longer and often have more than one long term relationship in their lives. The rise in blended families is one of the reasons why asset protection is an important part of estate planning and wealth management. A common example is a desire to see a partner is provided for during their lifetime while still ensuring your assets are ultimately passed to your own children and grandchildren. There may also be concerns about future care costs, claims that may be brought against an estate after your death or concerns about vulnerable beneficiaries. Outright gifts of property by Will or lifetime transfers may not always have the desired effect. Once an asset is gifted absolutely, control is lost. Assets can be brought back into an estate for the purpose of satisfying claims and meeting care costs in certain circumstances. As life can be unpredictable, planning in a way that provides flexibility for a variety of circumstances is sensible. Flexible Life Interest Trusts are one of the most common ways to achieve asset protection but there is no one size fits all solution. Careful advice will be needed from legal and financial professionals to ensure your estate is structured in a way that achieves the outcome you desire. In this episode, Jenny Ray speaks with succession planning specialist, Nadia Cowdrey about ways to protect your assets.

  5. 12/20/2024

    Merry and Mindful: tax efficient giving explained

    Merry and Mindful: Tax-Efficient Giving Explained We are witnessing an historic shift in wealth; the great wealth transfer taking place is expected to see around £5.5 trillion passed down from one generation to the next by 2050. We are also seeing record inheritance tax (IHT) receipts. IHT is effectively a death duty levied on the total value (less any liabilities, exemptions and reliefs) of an estate at the time of death. IHT is usually paid at a rate of 40% on the value of an estate above a threshold of £325,000. This threshold was set in 2009 and is frozen up to 2028. It is no surprise therefore that people are looking to explore ways of passing on their wealth in a tax efficient way. Charitable giving through Wills is also something professional Will writers are increasingly seeing. However, giving is not always straightforward and can lead to disputes, it requires careful planning, professional advice and good record keeping to ensure the donor’s wishes are fulfilled and tax reliefs and exemptions are fully utilised. In this episode Jenny Ray speaks with tax and succession planning specialist, Ingrid McCleave about effective and tax efficient giving.

  6. 11/18/2024

    Inheritance Act claims and the myth of the 'watertight' Will

    Inheritance Act claims and the myth of the 'watertight' Will In this episode, our Private Wealth experts discuss disputes in Wills and the myth of the ’watertight’ Will, as well as giving some helpful tips on what you can do to minimise the likelihood that your Will is contested after you’ve gone. Wills disputes are increasing year on year in the UK, the reasons for this are varied and complex. The increasing size of the population aged over 60 years, the rise of the blended family and the dramatic impact rising house prices have on the value of an estate all play a role in the upsurge of contested Wills. The types of dispute that can arise are varied including claims that a Will has not been validly executed, claims that the person making the Will did have the appropriate capacity to make a Will and claims that there has been undue influence or coercion hampering an individual’s testamentary freedom are all commonly made. The Inheritance (Provision for Family and Dependents) Act 1975 also enables certain categories of people to bring a claim in relation to an estate where there is a valid Will if they have not been left reasonable financial provision. Our experts discuss why not all will disputes can be prevented and provide tips and insight into what you can do to reduce the risk of a dispute arising in your estate after you have gone. Hosted by Contentious Probate Partner Jenny Ray, with Private Client Associate Hannah Worricker joining the discussion to share her valuable insights.

  • 6 Episodes

About

Our podcast channel brings you thought provoking and insightful discussions on all things private wealth. We will talk about future and later life planning and wealth management, from making a Will or creating a trust, to preparing powers of attorney and ensuring the welfare of elderly or vulnerable relatives. Our experts will explore issues surrounding the administration of estates and trusts, and discuss effective tax and succession planning strategies for individuals, their families and family businesses.

Information