Expert planning advice

Considering the many changes introduced in recent years, it’s even more important for individuals to regularly manage their personal wealth. This should involve a review of lifetime giving and the distribution of assets on death. We can help with both areas. 

Lifetime planning

Although changes have been made to the inheritance tax system it is still possible to take advantage of some of the valuable reliefs that have always been available, such as annual exemptions, small gift relief and gifts out of income. 

Death planning

Wills need to be made and regularly reviewed to ensure that family assets and wealth are passed down through the generations. We can advise on how best to mitigate the taxation consequences.

Trusts are a major tool for tax planning, offering flexibility in the increasingly important area of wealth management. But the complexity of the present trust and inheritance tax legislation can be daunting, to say the least. Our specialist team can help by offering a wide range of services and innovative ways of working. We deal with all aspects of trusts and estate planning, including:

  • Trust advice, administration, preparation of accounts, distributions to beneficiaries and liaising with other professionals
  • Preparation of annual estate tax returns
  • Preparation of the annual trust tax returns
  • Advice on distributions to beneficiaries i.e. level and frequency of distributions from both trusts and estates
  • Assisting with the completion of HM Revenue & Customs forms for inheritance tax events
  • Preparation of estate accounts
  • Dealing with HM Revenue & Customs enquiries

For more information, call us on 0333 123 7171.

Meet the team to grow your business

Suzy Harris-Milnes

Suzy Harris-Milnes

Tax Partner

Elaine Skelton

Elaine Skelton

Director

Mark Trevenna

Mark Trevenna

Head of Trusts and Estates