The UK tax system is notoriously complex but its complexity can offer opportunities to lessen your tax burden. To find the most effective tax planning strategy for you, it is important to stay up to date with the latest developments in tax law and our team can help you do this.

Our expert team is on hand to help you:

• create tax-efficient Wills
• advise you on all aspects of trusts
• and give you first class advice on minimising your inheritance tax liability.

All advice is tailored to your individual circumstances to ensure the very best result for you.

Trusts are changing – keep up with the times.

Trusts have been big news in recent years, with changes in the law being introduced which restrict the way trusts can be used.  HMRC has also introduced new requirements for registration and reporting of new and existing trusts, and there is a wealth of information and mis-information on the internet which can be confusing and difficult to navigate.  You may be wondering:

• Whether or not to place your house into a trust;
• How to provide for a loved one who is vulnerable, disabled or who lacks capacity;
• How to provide for the needs of a blended family;
• How to protect assets for future generations; or
• What it means to be a trustee and how you can ensure that you are meeting your duties and responsibilities.

Trusts are complex but they do have some important benefits; they can be used to manage and preserve valuable assets and to protect the interests of vulnerable individuals.  There can be significant penalties applied if trusts are used or administered incorrectly, or if trustees fail to meet their statutory duties.  Now, more than ever, it is important to ensure that you get up-to-date advice as to the taxation, use and administration of trusts.

Meet with one of our specialist Solicitors (below) for clear, tailored advice on:

• Setting up a Lifetime Trust
• Including a Trust in your Will
• Trustees’ Duties and Responsibilities
• Your Rights as a Beneficiary of a Trust
• Trust Administration
• Appointing a Professional Trustee
• HMRC Trust Registration Service
• Taxation of Trusts

 Fixed Fee Initial Trust Review

Churchers offer a fixed fee of £550 + VAT for an initial trust review. This service is suitable for those with any type of trust or trust-related query and will allow you to get quick specialist advice, giving you the information necessary to make informed decisions with complete transparency as to costs.

Our fixed fee covers:

• an initial discussion of your query
• a review of the trust deed
• a letter of advice confirming the current position, identifying any issues of concern and outlining options.

Where additional work is required a more detailed estimate would be provided at that time.