Estates, trusts and executorship
Having sold the business, or having developed a significant personal estate prior to passing on the business to the next generation, planning needs to be undertaken to protect your wealth from the effect of inheritance tax.
By careful use of lifetime gifts, the drafting of a well structured will, and the use of suitable life assurance, the estate can be passed on largely intact. Our expertise, coupled with the investment and insurance knowledge of our consultants, means that we are particularly well placed to provide innovative inheritance tax planning advice which has the appropriate level of emphasis on future security.
The earlier you make the arrangements, the greater your chance of taking full advantage of the tax opportunities available and thereby maximising the amount that goes to your beneficiaries.
It is equally important that you make adequate provision for yourself and your spouse in your later years. Striking this balance calls for considerable skill and foresight - and a detailed knowledge of the tax regime.
Trusts are relatively easy and very tax efficient way to set aside assets for future beneficiaries outside of the inheritance tax net. We can advise on the most suitable type of trust for your purposes, set up trusts, and provide a full range of accounting services for trust. Many clients ask us to act as trustees or executors so they can feel sure that their wishes will be followed.
Our extensive range of wealth protection services include:
- Help with drawing up and reviewing your will
- Making full issue of exemptions and lower tax rates on lifetime transfers
- Optimising lifetime transfers between spouses
- Transferring agricultural or business property
- Transferring assets into trust
- Providing trustee and executor services
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Assurance services
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Tax planning
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Specialist sectors
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