Residential nil rate band: how to use the value of your home to save on inheritance tax
This article helps you to understand how to use the residential nil rate band to minimise your inheritance tax liability.Read more
There are many different types of trusts available, such as property trust wills, discretionary trusts and personal injury trusts.
There are administration and taxation issues to consider when creating a trust, so before you decide on which route to take, we ensure that you fully understand the benefits and consequences of all of your options.
Our friendly and approachable team will then help you to set up and maintain your chosen trust, ensuring that it accurately reflects your wishes.
We have significant experience in all aspects of estate planning, as well as creating and administering trusts arising in wills or lifetime trusts.
Our trust specialist solicitors also regularly assist couples with providing for each other’s futures, with a particular focus on protecting against the cost of residential care fees.
“Flint Bishop routinely acts on tax planning for high-net-worth individuals, and it also covers wills, estate administration, probate, trusts, Court of Protection and elderly client matters. Led by Claire Rudkin, the practice is increasingly active in cross-border matters and represents business owners, entrepreneurs and farmers, among others.”
For more information and advice, please contact us on 01332 226 162 or complete the form below.
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