TRUSTS & ESTATES
How can you protect your wealth and ensure it is passed down to younger generations in a responsible way?
If you have substantial assets that you want your children or grandchildren to inherit but are worried that they won’t be able to manage them themselves, or it could disincentivise them, then you may want to consider setting up a Trust and we can advise you on the best way to do this.
How can we help
We can advise you on the merits of setting up a Trust, based on your individual circumstances, as well as reviewing the tax implications and highlighting any other issues that you need to be aware of.
There are many different Trust structures to choose from and we can advise you on the best options, according to your situation and what your preferred outcome is.
TAX MATTERS
As well as helping you understand the pros and cons of each different Trust, we will also explain the Inheritance Tax, Capital Gains Tax and Income Tax implications involved.
TRUST SUPPORT
We can help with the administration by preparing annual accounts and tax returns, as well as advising trustees on the tax implications of distributing funds or assets.
TRUST PLANNING
We can review the Trusts position over time insuring that it still fulfills its original purpose. We can also provide a more extensive review of the families Inheritance Tax position.
SEE FURTHER INFORMATION BELOW
Inheritance Tax
We help clients of all ages and their families to consider their exposure to Inheritance Tax (IHT) and how they can be more tax efficient in the future.
IHT, Trusts, Estate Planning & Probate Services
Estate planning is about organising your finances and assets to ensure that you can pass on property and belongings to loved ones after your death, with the minimum tax burden.
Tax Returns
Whatever way you earn your income, you probably have better things to do than sorting out your tax returns.
Property Taxes
Advice on property holding and transactions depends on whether you are an investor, trader, or developer, and whether your property is commercial or residential, in the UK or overseas.
Capital Gains Tax
If you are contemplating the sale of capital assets such as a property, business interests or shares...
Tax Investigations
How do you prepare for a tax investigation and what’s the best way to deal with HMRC?
Private Client Services
Keeping on top of your tax affairs is crucial for financial well-being so talk to our experts about minimising your risk before a letter from HMRC lands on the doormat.
“Setting up a Trust is a great way to ensure that your assets are managed carefully, whilst still being available for your beneficiaries.”
Calvin Healy
Director
