Inheritance Tax
Partnering with Fox Smith ensures compassionate, expert-led support for all aspects of trusts, estates, and inheritance tax planning.
Protecting Your Family’s Wealth and Legacy
We take a holistic, relationship-driven approach, taking time to understand your family dynamics, financial goals, and long-term intentions. This enables us to design personalised inheritance tax (IHT) strategies that protect wealth across generations. Our inheritance tax planning services include:
Inheritance Tax Planning & Wealth Protection
We take a holistic, relationship-driven approach, taking time to understand your family dynamics, financial goals, and long-term intentions. This enables us to design personalised inheritance tax (IHT) strategies that protect wealth across generations. Our inheritance tax planning services include:
Strategic Estate Planning & Trusts
From Family Investment Companies to lifetime gifting and will planning, our bespoke solutions ensure your estate is structured efficiently for the long term.
Trust Structures
Expert guidance on discretionary trusts, life interest trusts, Immediate Post-Death Interest (IPDI) trusts, and loan trusts—each designed to safeguard assets while managing inheritance tax exposure.
Family Investment Companies (FICs)
Advice on efficient structuring using alphabet shares, freezer shares, flowering shares, and growth shares. We also review the effectiveness of deferred shares where relevant.
Lifetime Gifting Strategies
Support with outright lifetime gifts, bare trusts, and specialist reviews of arrangements such as “School Fees Trusts,” ensuring they remain efficient and compliant.
Business Property Relief (BPR) and Agricultural Property Relief (APR)
Despite reductions in the Autumn 2024 Budget, we help families identify remaining opportunities for tax-efficient relief utilisation.
Will Planning
Our team reviews existing Wills or helps structure new, tax-efficient Wills that reflect your wishes while minimising future IHT liabilities.
Trusts & Estates Support
We act as advisors—and where required, trustees—providing comprehensive guidance on ongoing trust and estate management.
Trust Tax & Compliance Services
Our full-service trust compliance offering includes:
- HMRC Trust Registration and ongoing maintenance
- Preparation of Trust Accounts for clear and accurate trustee reporting
- Trust Self-Assessment Tax Returns (SA900) and R185 forms
- Inheritance Tax calculations, including:
- 10-Year Charges
- Entry & Exit Charges
- Support with distributions and tax pool management
- Winding up trusts efficiently and correctly
Estates Compliance & Probate Support
We understand that losing a loved one is an emotionally challenging experience. Our dedicated team aims to ease the burden by managing Inheritance Tax Returns (IHT400), estate administration tasks, and preparing all necessary documentation for probate. We offer fixed, competitive fees to provide clarity and reassurance during a difficult time.
Ready to Elevate Your Financial Strategy?
Let’s discuss how our bespoke services can address your unique financial challenges and help you achieve your goals.