Understanding Your Requirements and Planning For Your Future.

Accountancy issues often increase the complexity of trust and estate work. Failure to address such issues can have expensive consequences.

Our trusts & estates department offers a full support service, giving both specialist tax advice and expertly dealing with the preparation of accounts for estates and for ongoing trusts.

With the extraordinary rise in house prices, the value of your house alone on your death may produce large tax liabilities for your inheritors if you don’t take the right steps to protect your money now.

Trusts:

One tax and legal strategy you can use to support someone now or after your death is a trust. This is a financial arrangement where property or wealth is held by named people for someone else.

For example: you could put some money in a trust so one of your children could have a monthly income from it but without necessarily being able to access the capital itself. Or you could put money in trust for a child until they are ready to take charge.

We can help and support you in a wide range of matters including:

• Preparing specifically tailored accounts for all types of estates and ongoing trusts, ranging from the simplest to the most complex
• Dealing with all aspects of the day-to-day administration of trusts
• Advising on inheritance tax planning
• Dealing with capital gains tax, income tax and inheritance tax issues as they arise
• Preparing and submitting tax returns
• Handling investigations by HM Revenue and Customs