Busy commercial clients are often concerned regarding succession and tax planning, which can often be delayed due to the pressures of running a commercial enterprise. With careful planning Inheritance Tax (IHT) can often be minimised or avoided entirely.
We provide detailed and personal advice on effective IHT reduction, as well as on the integration of IHT planning with other tax mitigation strategies. Our expertise covers:
- Business Property Relief
- Agricultural Property Relief
- Creation of trusts
- Gifts out of income and other lifetime giving
We have particular expertise in the use of trusts to preserve family businesses and to ensure careful and protective succession including the minimising of a future IHT liability.
There are many circumstances for which the creation of a trust can be appropriate including where commercial assets or businesses are concerned. We are able to discuss your individual requirements in detail to ensure that the correct approach is taken.
A trust can be flexible to achieve a number of outcomes including:
- Protection of assets
- Ensuring tax efficiency
- Providing for succession of assets
- Creating an efficient and appropriate trust structure for businesses
- Advise on choosing or removing trustees
- Advise on varying trusts
For advice on commercial trust and tax planning matters, please call our 52 North Street office in Chichester or to find out more about our team click through to the staff profile pages featured on the right hand side.
George Ide LLP. We're on your sideContact Our Team
For more information and to help you decide your next step, call us on 01243 786668, email the trusts team at info@georgeide.co.uk or contact the team directly using our details as shown on this page.
Client Testimonials
Just a quick note to say a huge, massive thank you for everything regarding my accident claim – the time, effort, queries, paperwork etc.
The money will come into good use (very useful and handy) already spent. You’ve been amazing!! Ms B
Ashley Partridge
Contact Our Friendly Legal Experts Today
For general enquiries or to discuss more specific needs in personal or commercial law please get in touch with a friendly member of our team today.
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