Well drafted wills and trusts are key tools in protecting the family assets and passing them through the generations while minimising the Inheritance Tax and Capital Gains Tax liabilities that might fall due. Wills and trusts need to be drafted by a solicitor with the requisite experience to properly deal with the family and taxation issues uniquely presented by agricultural and rural businesses and assets.
We regularly assist with this process in the following ways:
• Ensure that the wills correctly reflect our client’s wishes and that side letters and letters of wishes are consistent with those wishes
• Ensure the wills are tax efficient
• Ensure any trusts set up in the client’s lifetime or from their wills are tax efficient and properly reflect the client’s intentions
Contact our team of experts to find out more about how we can help you with a will or trust.