As part of our Wealth Management team, our specialist tax and trust lawyers will calculate your potential liability for inheritance tax and advise you on what steps to take to minimise your liabilities and maximise reliefs.

We will then help you to develop and put in place tax planning strategies that are appropriate to your particular needs. These could be as simple as preparing a suitable Will or taking out life insurance, or they could be as complicated as the establishment of offshore tax structures.

Working closely with our Company Commercial Department, we advise clients with business interests (including farmers and landowners) on how to pass assets to the next generation in a tax-efficient way, on death, retirement or sooner.

In the specialist areas of Inheritance Tax, Agricultural Property Relief and Business Property Relief we can (and frequently do) provide ongoing consultancy services in conjunction with members of our acclaimed Agriculture Department.

We can advise you on the use and/or impact of Entrepreneurs, Rollover and Holdover reliefs to reduce, postpone or eliminate Capital Gains Tax liabilities, and explain how to plan in order to shelter gains or reduce taxes on the sale of all types of assets, including development land.

We provide tax advice to trustees and beneficiaries of the trusts we administer and to those who we provide with advisory services. As part of our tax planning service, we advise individuals on the consequences of establishing trusts.

We are also able to advise individuals on tax-efficient methods of donating to charities, both during their lifetimes and on death, and can advise charities on how to recover tax on donations and through tax-efficient trading structures.

We can advise on:

• Opportunities for landed estate owners and their families to reduce tax bills
• Inheritance Tax planning for UK residents
• Capital Gains Tax planning for UK residents
• Drafting and setting up of off- and on-shore Trusts
• Agricultural Property Relief and Business Property Relief from Inheritance Tax
• Making a donation to a charity
• Recovering tax on charitable donations
• Tax-efficient trading structures for charities
• Use of trusts for family financial provision
• UK trust administration
• Lifetime gifts
• Issues arising from the administration and operation of UK trusts
• Trust disputes
• The impact of UK taxes on the estates of non-UK residents and domiciliaries