Wills, trust & inheritance

As tax specialists and chartered accountants in Stratford-upon-Avon and Warwickshire, we are able to provide a detailed review of your will to ensure that it is as efficient as possible for inheritance tax purposes.

Our tax team is also able to advise on the use of lifetime gifts as part of inheritance tax planning and on trusts as a tool to reduce inheritance tax liability when passing assets to the next generation.

Trusts are legal arrangements that allow assets, such as money, property and shares, to be given away in a tax-efficient, controlled manner. They can be created during the lifetime of the person creating the trust or in their will.

Trusts can be particularly useful as part of estate planning for couples who are not married or in a civil partnership or where arrangements for passing on wealth are made more complex by previous marriages where stepchildren are involved.

They can also be used to reduce the cost of long-term care or to specify at what age or in what circumstances beneficiaries receive money or property.

Our tax team’s expertise includes the preparation of trust accounts and HM Revenue & Customs returns and in the drawing up of trust deeds in conjunction with clients’ legal advisers.

For Independent Financial Advice, please visit www.inspirewealth.co.uk.

To find out more about how our leading firm of accountants in Stratford-upon-Avon and Warwickshire can help you, please contact us.