Mrs H from Stourport had recently inherited a substantial sum and wanted to give her daughter £100,000 to help her buy a property.
The daughter would be purchasing the property jointly with her fiancée. Mrs H was concerned that any future relationship problems could result in some of the £100,000 being lost to her bloodline.
We advised Mrs H to settle the money into a discretionary Trust. The Trust then lent the £100,000 to her daughter. The loan agreement specified that should the house be sold then the Trust would have to be repaid. Therefore, the money would be safeguarded should they split up in the future and need to sell the house.