Finawis Advisors

29/05/2026

Thinking a declaration of trust will protect your assets? It might not as per the latest High Court ruling. 👇

In Teixeira v Moaven [2026] EWHC 1215 (Ch), the High Court has thrown that paperwork out completely. ⚖️

The judge called the documents a "fiction" and a "sham" — deceitful words on a page that didn't match the truth. All the real evidence showed the man had always been the true owner. So the properties, worth up to £5 million, went back into his estate, and to his widow and children where they belonged.

Here's why this matters for ordinary families, not just multi-millionaires: A declaration of trust, on its own, is not enough.
A trust document is only a claim about who owns what. If there's no genuine beneficial interest behind it, and no consistent evidence to back it up, a court can look straight through it

We see it all the time: families set something up, tuck the paperwork in a drawer, and assume the job's done. But a half-finished arrangement can actually be worse than none at all. It invites the very challenge it was meant to stop.

Real protection needs three things working together:
✅ A genuine, properly evidenced interest
✅ Documents that match how the asset is truly owned and treated
✅ A clear trail that holds up long after you're gone

So ask yourself one simple question: if a court looked behind your paperwork, would it survive? 🤔

If you're not sure — let's have a chat. At Finawis Advisors we help families put proper estate planning, probate and inheritance tax solutions in place that are built to last, not just to look good on paper.

📅 Book a consultation: https://calendly.com/finawisadvisors/consultation
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General information only — not legal advice. Every family's situation is different, so please get advice tailored to you.

Plan, Protect and Preserve your wealth through generations with our Private Client Solutions.
* STEP Associate * Full Member of Society of Will Writers

06/05/2026

"I'LL JUST GIVE THE HOUSE TO THE KIDS" — WHY THIS DOESN'T WORK FOR INHERITANCE TAX.

It's one of the most common assumptions in UK estate planning — and one of the most expensive mistakes. Under HMRC's Gifting with Reservation of Benefit (GROB) rule, if you transfer your home to your children but carry on living there rent-free, the property stays in your estate for IHT. The "gift" simply doesn't count.

📊 Take Mr Patel, 75, with a £600,000 home.
He transfers it to his two children but continues to live there. On his death, HMRC treats the full property value as part of his estate, leaving the family with a £40,000 IHT bill — exactly what he was trying to avoid.

The usual "fix" — paying market rent — creates its own tax problem. £1,500/month over 10 years is £180,000 of rent, on which his children (if higher-rate taxpayers) would pay around £72,000 in income tax.

⚠️ And that's before the other risks:
* Capital Gains Tax when the children eventually sell
* Loss of legal control over your own home
* Exposure if a child divorces or faces bankruptcy
* Deliberate deprivation of assets rules (care home fees)

There are legitimate, tax-efficient routes to reduce IHT — but a DIY home transfer is rarely one of them.

📅 Book a free consultation: https://calendly.com/finawisadvisors/consultation
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Plan, Protect and Preserve your wealth through generations with our Private Client Solutions.
* STEP Associate * Full Member of Society of Will Writers

16/04/2026

🏠 A £120,000 tax bill. An estate already above the IHT threshold. And a solution that saved £14,000 every year.

We recently worked with a client whose father wanted to gift him a property — a generous gesture, but one that came with serious financial consequences if handled incorrectly.

Without the right planning in place:
→ ~£120,000 in Capital Gains Tax would have been triggered immediately
→ The property would have added to the son's estate — which was already above the Inheritance Tax threshold
By the time it was done, they were looking at a significant tax hit now and a growing liability in the future.

We restructured the approach entirely. The result?
✅ CGT liability managed
✅ Future IHT exposure addressed
✅ £14,000 per year saved — ongoing

If your family is thinking about transferring property or assets, please get specialist advice before you act. The difference between the right structure and the wrong one can be enormous.
📅 Book a free consultation here: https://calendly.com/finawisadvisors/consultation
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This case study is for illustrative purposes only and does not constitute financial or tax advice. Individual circumstances vary — please seek specialist advice before taking any action.

15/02/2026

TRUSTS ARE TRENDING — AND HERE’S WHY

The latest data shows a sharp rise in the use of trusts in the UK — with around 10,000 new trusts registered in just one month and 115,000 trusts registered in 2024 alone according to the official Trust Registration Service figures.

So why are more families and individuals turning to trusts?

🔹 Protection Needs
Modern families are more diverse than ever — blended families, second marriages, and international ties mean that outright asset transfers can fall short. Trusts provide structured, tailored governance that reflects real-life circumstances.

🔹 Intergenerational Transfer & Succession Clarity
Trusts provide control over how and when assets are distributed — vital for business owners, family estates, and wealth you want protected for future generations.

🔹 Control for Inheritance tax planning solutions
Trusts can help transfer assets to the next generation without losing control of the assets.

🔹 Avoid Generational Inheritance tax
Generational inheritance tax refers to the repeated taxation Tax on the same family assets as they are passed down through multiple generations (e.g., from parents to children, then to grandchildren). It can significantly erode wealth over time.

At Finawis Advisors, we don’t use trusts because they’re fashionable — we use them where they deliver measurable value:

✔ Provide structured, long-term governance
✔ Protect beneficiaries and business interests
✔ Manage complex estates with clarity
✔ Integrate with Wills, LPAs, trusts, and broader tax strategy

If you’re considering a trust as part of your estate or succession plan, it’s crucial to work with advisers who understand both the legal framework and your family’s unique dynamics. Trusts aren’t one-size-fits-all — but when designed correctly, they’re one of the most effective tools in modern estate planning.

📞 Get in touch — let’s ensure your wealth and legacy are protected with purpose. Send us a message or book in a consultation session: https://www.finawis.com/ConsultationwithFinawis

31/01/2026

Yes indeed. Thanks Pal.

From April 2027, Personal representatives (often family executors) must report and pay any IHT before benefits are released, potentially delaying distributions and reducing what beneficiaries ultimately receive.

Good point re: Trustees. "...prepare now to ensure readiness for the changes

From April 2027, significant changes will affect how unused pension pots are treated for Inheritance Tax (IHT) purposes.

15/01/2026

As the new year begins, it’s a good time to pause and focus on what really matters - not just what feels urgent:
* Protecting your family
* Looking after your health
* Making smarter choices with tax, pensions and long-term planning

If getting your Will, Insurance or Estate Planning in place is on your list this year, we are happy to help.

Warm wishes,
Pavan Nagori
Finawis Advisors

28/11/2025

Ford paid without a fuss — because he understood something many still miss: 🟣 Expertise isn’t expensive. Mistakes are.

At Finawis Advisors, our value isn’t just in drafting documents or arranging products. It’s in:

✓ Knowing the right strategy for your family
✓ Preventing costly inheritance mistakes
✓ Navigating complex tax and legal rules
✓ Protecting wealth that took a lifetime to build

Anyone can make a Will. Anyone can buy a policy. Anyone gift assets without being tax efficient

But do they know exactly where to place the X so your legacy is secure, tax-efficient, and future-proof?

That’s what you’re really paying for.
That’s the mark of true expertise.

27/11/2025

Budget impacts on your Estate:

* Modest relief on APR/BPR relief from IHT : any unused GBP1-million allowance for either relief will be transferable to a spouse or civil partner

* Some relief for Executors/PRs dealing with deceased's pension assets: Although Executors and personal representatives (PRs) will still be responsible for dealing with inheritance tax (IHT) related to uncashed pension benefits, they will be able to direct pension scheme administrators to withhold 50 per cent of taxable benefits for up to 15 months and pay IHT due in certain circumstances.

* Amendments to residence-based tax regime: Some changes are being made to the detail of the residence-based tax system introduced with the abolition of non-domiciled (non-dom) status. The measures will have retrospective effect from 6 April 2025 and affect foreign income and gains relief, overseas workday relief and the temporary repatriation facility. They also impact individuals and trustees brought into the scope of UK inheritance tax (IHT) due to the abolition of domicile. IHT trust charges for historic trusts settled by former non-dom individuals will be capped at GBP5 million, although anti-avoidance measures are being introduced against property held via non-UK entities

Finawis Advisors

19/09/2025

Sudden wealth can be overwhelming.

Without the right advice, beneficiaries risk poor financial decisions, unexpected Tax bills, or family conflict.

Finawis helps you plan ahead so your legacy is protected and well managed.

📧 Email: [email protected]
🌐 Website: www.finawis.com