Accrington Web - View Single Post - Jade Goody-Is it voyeurism?

blazey · 25-03-2009, 12:17

What simply annoys me about the whole thing is that all the money raised would be going to her children and never a mention of a single penny going to any causes or any sort.

She should have set up a trust in the name of her cause. She'd avoid the inheritance tax, probably receive more regular donations to the fund even after she'd dead, she could ensure enough money was set aside in high interest rate savings for her kids so they'd have plenty of money and generally it'd look a hell of a lot better.

Trusts are the way forward. This is what I have learnt this year. Obviously the money for her kids will still be drilled into trusts but the 40% inheritance tax cut (its still 40% isn't it?) isn't pleasant.

I'm sure we have a thread similar to this about wills and such.

25-03-2009, 12:17	#99
blazey God Member Join Date: Mar 2006 Location: Denton/Oswaldtwistle Posts: 3,638 Blog Entries: 15 Liked: 0 times Rep Power: 993	Re: Jade Goody-Is it voyeurism? What simply annoys me about the whole thing is that all the money raised would be going to her children and never a mention of a single penny going to any causes or any sort. She should have set up a trust in the name of her cause. She'd avoid the inheritance tax, probably receive more regular donations to the fund even after she'd dead, she could ensure enough money was set aside in high interest rate savings for her kids so they'd have plenty of money and generally it'd look a hell of a lot better. Trusts are the way forward. This is what I have learnt this year. Obviously the money for her kids will still be drilled into trusts but the 40% inheritance tax cut (its still 40% isn't it?) isn't pleasant. I'm sure we have a thread similar to this about wills and such.