Trusts and Inheritance Tax Planning

Many clients simply do not consider the benefits of having a Trust in place when they are planning their Will and how their Estate will be managed after their death.

Establishing a Trust can be a very important step in protecting and preserving assets for future generations, and may be beneficial to you and your family. For example, you could set aside specific assets for the benefit of your grandchildren. You could be very specific and require that this money is used towards their education, for example, which would allow you to have an ongoing impact on their lives even when you are no longer here.

While a Trust is not the right solution for every family, we believe they can offer a degree of control for those who seek it. We will discuss your options with you and make sure that we find the solution that is right for you and your family.

If you are looking for advice on inheritance tax planning The McKinstry Company can help. It is important when you are considering your Will and how your estate will be managed that you also consider the tax implications of your decisions. This is where we come in. Our expert team will meet with you to help you understand the approximate value of your estate and how it will be treated for inheritance tax purposes. We can talk to you about potential reliefs and exemptions and guide you through this complex area.

Estate Services