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The Meaningful Money Personal Finance Podcast

Family Protection Trusts and the McClure Solicitors Scandal with Lee Jackson

The Meaningful Money Personal Finance Podcast

Pete Matthew

Education, Business, Investing

4.91.7K Ratings

🗓️ 23 July 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

Today I'm joined by my friend Lee Jackson who came to me with a thorny financial/legal problem a few months ago pertaining to Family Protection Trusts. I was able to help him answer one specific question, but the issue he faced is shared by tens of thousands of other people up and down the UK. So, I asked him to come on to the show to discuss it, just in case it would help other in a similar situation.

Shownotes: https://meaningfulmoney.tv/session583 

Transcript

Click on a timestamp to play from that location

0:00.0

Hi folks and welcome to the Meaningful Money Podcast. This is session number 5803.

0:13.0

Yeah, welcome back to the show. Today I'm joined by my friend Lee Jackson. Now,

0:18.1

Lee came to me with a thorny financial slash legal slash accounting problem

0:23.7

a few months ago, specifically pertaining to something called a family protection trust.

0:29.6

As I was able to answer, just one specific question that he was dealing with, but the wider issue

0:35.6

that he and his wife B have faced is actually shared by tens of

0:40.4

thousands of other people up and down the UK. So I asked him to come on to the show to discuss it

0:46.0

just in case it would help others in a similar situation. So let's get into it. Remember notes and

0:51.0

links from today's show as always there at the show notes which is the only link

0:54.6

you need to remember meaningful money.tv slash session 583 meaningful money dot TV slash session a 583

1:02.5

okay let's get into my conversation with lee jackson about family protection trusts it is my

1:09.5

absolute pleasure to introduce my great friends to the Meaningful Money podcast. And we've got quite a bit to go through. But I'm going to ask Lee to introduce himself first. How you doing, bud? Welcome. Good, Pete. All right. Yeah, yeah. I'm cool. Thanks. Just give us a shout. Who are you? Quick bio. and maybe just even mention how we know each other.

1:28.3

Okay. Lee Jackson, I'm 50. I live in Cornwall with my beautiful wife, Pete. We've got two

1:35.2

granddaughters and we run a dance school. And that's... And Pete and his lovely wife, Joe,

1:41.3

are outstanding pupils of ours. Are kind cracking job but yeah i mean

1:46.8

we've been what dancing under your tutelage since uh easter 2018 incredibly right seven years

1:52.6

yeah 18 month break for covid of course but um and we're very shortly about to head to talkie

1:58.0

for the annual dance weekend which was super excited excited about. We're loving anew.

2:01.6

So, Lee and I have been talking for a little while because he and his wife B, got sort of mixed up in a situation

2:13.6

through absolutely no full of their own, but which has become like a huge deal nationally, hasn't it?

2:20.4

So do you want to just sort of explain how you came to be involved with McClure

2:26.2

solicitors, so how that whole started?

...

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