|
Trusts and Estate Planning
It makes sense to plan for the future, whether it is
for yourself or your business. Tailored wealth succession planning enables a
smooth transition to the next generation. It also helps minimise tax
liabilities.
The significant increases in the property
market in recent years have not been matched by the annual inflationary
increases in the inheritance tax nil band. This means an ever-increasing number
of estates fall into the inheritance tax net.
Our private client team has extensive
experience of advising individuals on estate planning matters whether your
estate is close to the nil rate band or many times larger. We can advise on
techniques to mitigate inheritance tax on family homes, family businesses and
investment portfolios. In particular, we have considerable experience of the
use of trusts to assist in tax and succession planning. We have a proactive
approach to trusts that is based on efficient administration and timely
planning.
However, estate planning is not solely
about tax and we adopt a common sense approach, helping you to ensure your own
financial needs are met and to avoid "giving away too much too soon".
Our probate specialists are here to help
when the time comes to deal with legal formalities and the taxman. We are happy
to help, whether you need someone to help with the form filling or you need
help with executor duties such as valuing or disposing of assets or considering
deeds of variation.
|
