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Trusts and Inheritance Tax Planning with Lyons Bowe

September 26, 2025

Trusts and Inheritance Tax Planning with Lyons Bowe

Planning for the future is about more than writing a Will, it’s about making sure your loved ones are protected and your assets are passed on in the most efficient way possible. At Lyons Bowe Solicitors, our experienced private client team helps families across the UK use trusts and inheritance tax (IHT) planning to safeguard wealth and minimise tax liabilities.

What is a Trust?

A trust is a legal arrangement where assets such as property, money, or investments are managed by trustees for the benefit of chosen beneficiaries. Trusts are widely used in estate planning because they offer:

  • Control – allowing you to decide how and when assets are distributed.
  • Protection – shielding assets from future risks such as divorce, debt, or care fees.
  • Tax efficiency – helping to reduce inheritance tax and ensure more of your estate goes to your loved ones.

The Importance of Inheritance Tax Planning

Inheritance tax is charged at 40% on estates valued over the current threshold (known as the nil-rate band). With careful planning, you can legally reduce or even eliminate the amount of tax payable. Strategies include:

  • Placing assets into trusts.
  • Making use of the annual gift allowances.
  • Passing on your home to direct descendants.
  • Using exemptions for business or agricultural property.

Without planning, a large part of your estate could be lost to tax rather than passed on to your family.

How Lyons Bowe Can Help

Our team at Lyons Bowe offers tailored advice to suit your unique circumstances. We will:

  • Review your estate and identify tax-saving opportunities.
  • Advise on the most suitable type of trust for your needs.
  • Draft and register trust documents.
  • Work alongside financial advisors and accountants to ensure a complete estate plan.

Whether you are looking to protect family assets, provide for children or grandchildren, or reduce future inheritance tax, we’ll guide you through every step with clarity and confidence.

Why Choose Lyons Bowe?

  • Specialist solicitors in wills, trusts, and estate planning.
  • Clear advice without unnecessary legal jargon.
  • A friendly, supportive approach tailored to your family’s needs.

Speak to Lyons Bowe Today

Effective trust and inheritance tax planning can make a real difference to your family’s future. Contact Lyons Bowe today for expert advice and peace of mind.

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I highly recommend them!

The team at Lyons Bowe have been great, replying promptly to any questions and always helpful. The progress updates throughout the process, has been very helpful and really keeps you informed as to where you are within the timeline.

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An absolute gem of a firm!

Excellent service. Quietly attentive, sympathetic listeners, and efficient practitioners, all that a worried applicant could wish for. And especially unusual in this day and age....

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Lyons Bowe are genuinely amazing!

Honestly I've never wanted to review solicitors before, they've been ok and have done their job at varying timescales. From the start, my partner and I have commented every single time when something happened how quick they are, and they're a delight to communicate with too! And their app is brilliant and has made things so much easier. We will use in the future and will not stop recommending.

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Professional, approachable, and incredibly efficient

I recently used Lyons Bowe Solicitors and had the pleasure of working with Holly as my point of contact. From start to finish, the service was outstanding. Holly was professional, approachable, and incredibly efficient - she kept me updated throughout the entire process and made everything feel smooth and stress-free.

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Excellent communication, chasing me rather than me chasing them

Rhea, and everyone so far at Lyons Bowe, have been truly fantastic. Excellent communication, chasing me rather than me chasing them, very pleasant in conversation and always ready to help. Highly recommend to anyone.

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The app keeps you informed every step of the way.

Everything was done quickly and efficiently and the app means you are kept informed every step of the way. Thank you.

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