Trusts and estates

We offer a full review of your inheritance tax (IHT) and estate position with a view to minimising the overall inheritance tax liability. We will ensure that you make the best use of all of the available IHT reliefs and allowances.

All our clients, especially our high net worth clients, can utilise our close working links with a number of solicitors, banks, independent financial advisers and wealth managers in order to protect and increase their wealth.

Trusts provide a flexible structure for protecting family assets. Often they are essential for tax planning. They can equally be useful in preserving family assets and business interests in a wide range of circumstances – children not yet mature enough; fragile marriages; physical and mental deterioration with age; unexpected windfalls.

Lifetime & discretionary trusts

Property, cash, investments or policies can be placed into trust to be held for your beneficiaries, for example a spouse, children or grandchildren.

Specific trusts

In conjunction with specialist advisers we can assist with specific trusts designated for select purposes such as asset protection trusts, charitable trusts, employee trusts etc.

If your estate is worth more than £325,000 (£650,000 for couples) then there could be benefits from using trusts.

Our trust department assists with the administration and compliance requirements for over 160 family trusts of various types and size.

Family investment company (FIC)

FICs are an option for individuals who are considering a wealth preservation and succession planning strategy. They provide an alternative to trusts as they enable family wealth to be passed to future generations in a tax efficient manner whilst allowing the founder to retain significant control of the assets. As well as being tax efficient, the flexible structure also offers increased asset protection in relation to divorce proceedings and creditors.