In my experience - Being a chartered accountant won't directly change how clients perceive you, or how much they are prepared to pay you for your services, unfortunately.
The way you achieve the above is by providing a good service and being confident enough to charge the clients a suitable fee for the work done.
The ACA qualification will certainly help with this, but not nearly as much as you might think if your goal is ultimately to continue as you already are, but be able to charge a bit more money.
I don't think it's a case of working 'with' a chartered accountant, but a case of working 'for' a chartered accountant.
I guess it could be care home fee avoidance or similar.
I suppose his ppr relief has gone, but the trust may be able to claim its own ppr relief, if its occupied by a beneficiary as their ppr under the terms of the trust. Or something to that effect.
I would guess that the only way the LA could do it would be to force the sale of the shares to fund the care home fees - I would also guess that would be extremely difficult for the LA to do.
My third guess as to the best way around it would be to just suspend any dividends (assuming they have the same class of shares), and just wait till they croak - inherit the shares and then resume business as usual.
Or go see a solicitor and get a more informed answer.
Following from what you said I've found HMRC's interpretation at CG63998
Thanks Rebecca - so I'm not going mad at least!
I just couldn't find any reference to the "not used for any other purpose" in the current guidance so was beginning to think I imagined it.
Just let it go over your head give them an honest professional response, and let it run it's course.
I wouldn't choose to lose a client just because they are a bit of an [***], but I also wouldn't care if they left either. There are benefits either way.
EDIT: Why a.s.s is deemed to be a naughty word is beyond me.
Perhaps I shall, then I'll show you. Then I'll show everybody.
But yes, I guess I got the two confused.
A pox upon the English language.