{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/66a69d631ce75694ada31b25/699dc28fe742625c4fc799c3?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Trust Funds Are Not Just For The Rich and Famous","description":"<p>Book a 1:1 Consultation and Financial Plan with Paul - https://askaboutwealth.ie/consultancy</p><p><br></p><p>Trust funds separate ownership from control and can help protect young or special-needs beneficiaries, keep assets managed responsibly, and support inheritance-tax planning.</p><p><br></p><p>The episode compares fixed trusts with discretionary trusts, explains will trusts, and highlights key insights, like capital gains tax on lifetime transfers, CGT uplift on death, and how transferring a home may avoid CGT and affect “Fair Deal” planning.</p><p><br></p><p>00:00 Trust Funds Explained</p><p>00:52 Why Use a Trust</p><p>01:47 Fixed Trust Basics</p><p>02:58 Special Needs Planning</p><p>05:29 Fixed Trust Tax Perks</p><p>06:21 Discretionary Trust</p><p>08:09 Trustee Incentives Warning</p><p>09:29 Discretion Benefits</p><p>10:18 Will Trusts</p><p>12:09 Cautions and Tax Traps</p><p>13:11 Home Transfers and Fair Deal</p><p>14:36 Final Takeaways</p>","author_name":"Ask About Wealth"}