In this episode, Tom Chiffers and David Maddock discuss the intricacies of trusts, particularly focusing on lifetime trusts for farmers and landowners.

They discuss the fundamentals of trusts, their uses in asset protection, and the implications of recent changes in inheritance tax legislation.

The conversation also covers capital gains tax considerations and the role of discretionary trusts in estate planning.

The episode wraps up with a discussion on the flexibility and strategic advantages that trusts offer in achieving your financial goals.