our services :: tax planning :: trusts
Why set up a trust?
There are lots of different reasons why you might want to put your money into trust. However, they all have one thing in common - they can save tax and benefit those you leave behind.
Trusts are useful for:
Making arrangements for your family and any future additions - because you never know whats around the corner.
Helping with tax planning to reduce your liability, especially for Inheritance Tax (IHT).
Protecting your assets to avoid your beneficiaries having full control.
One way to reduce your IHT bill is to give away assets while you're alive. This could be as an outright lifetime gift, which may not always be appropriate. Another way is to create a trust, so you can give assets away but retain flexibility over who will benefit from the assets and when.
We work closely with our clients on all aspects of creating and managing trusts, providing advice on:
Whether trusts are the right tax-planning vehicle for your needs.
All aspects of Capital Gains Tax applying to trust assets.
Preparation of calculations relating to inheritance tax charges.
Estate planning using trusts.
Tax-efficient Remuneration
Employee Share Schemes
Inheritance Tax
Capital Gains Tax
Stamp Duty Land Tax
Incorporation
Valuations
Harold Sharp Holland House :: 1-5 Oakfield Sale :: Cheshire :: M33 6TT |
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