Trusts & tax planning

Life time gifts, tax planning and trusts

Image to illustrate Trust and Tax planning adviceFor many of our clients it is possible for them to take action during their lifetime to minimise the potential payment of tax arising on their death. This action may be making lifetime gifts to their children and family, re-arranging their investments to be more tax efficient, or setting up a trust fund. Each of our clients has different needs and our specialised team can offer individual advice on the most appropriate action to take.

If, however, you prefer not to dispose of any assets during your lifetime, we can advise you on inheritance tax planning through your will.

Planning for future residential and nursing care

Should it become necessary for you or an elderly relative to move into a residential or nursing care home we can advise you on the current assessment process regarding the payment of your care. We can also advise on any action that you could take in order to minimise the cost to you.

For more information as to how we can help you, call us today and speak to our head of Probate and Trusts – Paula Hopkins on 01296 424681 or send us an email.

Download our information sheet on advice for the older client.

Paula Hopkins our head of Probate and Trusts is a Member both of the “Society of Trust and  Estate Practitioners” (STEPS)  and Solicitors for the Elderly.

Photo of Paula Hopkins, Head of Probate at Wilkins Solicitors

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