Ask About Wealth

Book a 1:1 Consultation and Financial Plan with Paul - https://askaboutwealth.ie/consultancyTrust funds separate ownership from control and can help protect young or special-needs beneficiaries, keep assets managed responsibly, and support inheritance-tax planning.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.00:00 Trust Funds Explained00:52 Why Use a Trust01:47 Fixed Trust Basics02:58 Special Needs Planning05:29 Fixed Trust Tax Perks06:21 Discretionary Trust08:09 Trustee Incentives Warning09:29 Discretion Benefits10:18 Will Trusts12:09 Cautions and Tax Traps13:11 Home Transfers and Fair Deal14:36 Final Takeaways

Book a 1:1 Consultation & Financial Plan With Paul:https://askaboutwealth.ie/consultancyIn this episode of the Ask About Wealth Podcast, Paul speaks with Eoghan O’Hara, Country Head for Raisin Ireland. They discuss why Irish household deposits earn very low interest, and the opportunity presented by the EU-wide deposit guarantee protection.

Book a 1:1 Consultation & Financial Plan With Paul:https://askaboutwealth.ie/consultancyIn this episode, we break down why inheritance tax can result in the same wealth being taxed twice, and why doing nothing is often the most expensive option of all.We cover:- Why inheritance tax can wipe out over 33% of a family estate, even after a lifetime of income and capital taxes- The key reasons to consider gifting assets during your lifetime, including protecting today’s thresholds and future growth- How control can be retained using trusts and family partnerships, while still reducing tax- Other powerful planning tools, including familial allowances, exempt assets, and Fair Deal planning

Book a 1:1 Consultation & Financial Plan With Paul:https://askaboutwealth.ie/consultancyGet a Free Mortgage Broker Consultation Here:https://www.askaboutproperty.ie/broker-consultationYou can get in contact with Ray here:https://raycooke.ie/This week, Paul is joined by Ray Cooke, CEO of Ray Cooke Auctioneers, to share what he is seeing on the ground in the Irish property market as we move through 2026.In this episode, we discuss:- Why are good properties selling quickly, and what buyers must have to be ready- The reality of supply and demand, and why stock exists but still feels scarce- Why landlords are leaving the market and what that means for rents and tenants- Residential vs commercial property, yield expectations, and how investors should think about risk

Book a 1:1 Consultation & Financial Plan With Paul:https://askaboutwealth.ie/consultancyYou can get in touch with Graham here:https://hanlonandco.com/In this episode of the Ask About Wealth podcast, we are joined by Graham Hanlon, a seasoned solicitor with over 30 years of experience. The discussion covers essential topics in financial planning, including the intricacies of probate law, the validity and impact of prenuptial agreements, and the importance of business agreements.Gain valuable insight into managing wealth and the legal planning involved.

Book a 1:1 Consultation & Financial Plan With Paulhttps://askaboutwealth.ie/consultancyIn this episode, we provide a checklist of actions business owners and individuals can take before December 31, 2025, to maximise tax benefits. Key topics include clearing out company profits, utilising tax credits and allowances, maximising contributions to retirement schemes, and understanding the implications of capital gains tax and EIIS investments. Learn practical tips for leveraging pension contributions, tax-efficient bonuses, subsistence allowances, and tax loss harvesting. This guide offers valuable insights to help you minimise tax liabilities and optimise financial planning for the future.00:00 Introduction: Maximising Your Tax Benefits00:26 Clearing Out Your Profit: Why and How05:23 Utilising Small Benefit Exemptions (SBE)08:13 The Power of Pensions13:51 Understanding Subsistence Allowances19:02 Capital Gains Tax: What You Need to Know23:50 Employment Investment Incentive Schemes (EIIS)26:42 Conclusion: Effective Tax Planning