We have your best interest, and our experts could help you preserve your existing wealth within your family for both now and in the future. We bring financial expertise and knowledge of tax laws to ensure the smooth and efficient management of trusts and estates, safeguarding the assets and helping achieve the goals set forth in the estate planning process.
Our knowledge of the tax rules relating to trusts and estates is wide-ranging and we can advise on situations where a trust may prove beneficial, including assistance in establishing and running a trust, plus dealing with all compliance requirements. Here are some cost-effective ways in which we could help you with your trust and estate planning:
Review income, expenses, assets, and liabilities to understand the current financial position and identify potential tax implications.
prepare annual accounts with supporting documentation for all types of trusts and estates; where the administration period of the estate is complex and lengthy, we will prepare interim accounts as required.
Help minimize the tax burden on beneficiaries and the estate itself, ensuring that assets are transferred and distributed in a manner that optimizes tax benefits.
Assist in setting up various types of trusts, such as revocable trusts, irrevocable trusts, charitable trusts, and special needs trusts. Determine which type of trust suits your specific needs and ensure compliance with legal and tax requirements.
Value the assets within the estate, which is crucial for determining the estate's overall value. Accurate valuation is necessary for tax purposes, as well as for identifying any potential liquidity issues.
Work with estate planners and attorneys to devise an efficient and equitable distribution plan for assets among beneficiaries. We consider factors like individual financial needs, tax implications, and any conditions or restrictions attached to the assets.
Help protect the assets within the trust by monitoring investments, evaluating risks, and advising on appropriate risk management strategies.
Our financial service includes :
You can focus on and grow your business by outsourcing your finance needs to our expert team.
