Wills & probate / Trusts / Inheritance Tax Planning
Protect What You’ve Built. Plan What Comes Next.
We will help you put the right plans in place. Whether you’re setting up a trust or preparing for inheritance tax, our advice is built entirely around your long-term goals.
Trusts and Inheritance Tax Planning
Introduction
Planning for the future isn’t just about who inherits, it’s about how your assets are passed on in the most secure and tax-efficient way. Our experienced solicitors advise on setting up trusts, managing estates, and planning to reduce inheritance tax liabilities. Whether you’re safeguarding assets for your children or supporting a loved one with additional needs, we tailor your trust and tax strategy to meet your personal goals. Serving clients throughout England and Wales, we help you protect your wealth and provide for future generations with clarity and care.
LYONS BOWE JOURNEY
Trusts and Inheritance Tax Planning Guide
Set Up the Trust
Once the estate is valued, we’ll assist in establishing the appropriate trust structure.
You can choose:
– A comprehensive trust setup service.
– Or assistance with specific documentation.
Review and Manage
Check Requirements
Before setting up a Trust, we’ll assess your financial situation to determine the best approach.
We’ll help you by:
– Analysing your current assets and liabilities.
– Discussing potential tax implications.
– Arranging a meeting with our trust specialists for personalised advice.
Value the Estate
Understanding the total value of your estate is vital for effective trust planning.
We’ll help you by:
– Guiding you through asset valuation processes.
– Providing resources for estimating property values.
– Advising on more complex estates that may require a professional valuation.
LYONS BOWE JOURNEY
Trusts and Inheritance Tax Planning Guide
Set Up the Trust
Once the estate is valued, we’ll assist in establishing the appropriate trust structure.
You can choose:
– A comprehensive trust setup service.
– Or assistance with specific documentation.
Review and Manage
Check Requirements
Before setting up a Trust, we’ll assess your financial situation to determine the best approach.
We’ll help you by:
– Analysing your current assets and liabilities.
– Discussing potential tax implications.
– Arranging a meeting with our trust specialists for personalised advice.
Value the Estate
Understanding the total value of your estate is vital for effective trust planning.
We’ll help you by:
– Guiding you through asset valuation processes.
– Providing resources for estimating property values.
– Advising on more complex estates that may require a professional valuation.
Make enquiry
Initiate your Trusts and Inheritance Tax Planning Enquiry
services
Other Services We Offer
The Lyons Bowe Charity Will Scheme
Leave a Legacy of Care
Through the Lyons Bowe Charity Will Scheme, we also help clients create a legacy by offering you 50% off our standard Will-writing fees when you include a charitable gift whilst planning for your future.
It is part of our commitment to supporting causes that matter, and using legal services to make a real difference.
From online appointments, fixed-fee pricing to secure digital storage and registration with the National Will Register, everything we do is built around your peace of mind.
Over £6.6 Million Pledged in 2025
Together with our clients, we have helped pledge over £6,6 million to charities through our legacy partners in 2025. Every pledge, no matter the size, is a step towards real change. Join thousands of others making a lasting difference through their Will.
Support Any UK-Registered Charity
With our scheme, you are free to leave a gift to any UK-registered charity of your choice. Whether it is a national organisation or a cause close to your heart, we make it easy to include a meaningful gift in your Will, on your terms.
Discounted Wills, Expert Support
When you leave a gift to charity in your Will, we will join your contribution by providing you with a 50% discount on our standard fees. Our experienced team will guide you through every step offering clear, compassionate advice to help you create a Will that reflects your wishes.
Client Reviews
What our Wills & Probate Clients Say About Us
Client Reviews
What our Wills & Probate Clients Say About Us
How can Lyons Bowe help with inheritance tax planning?
Lyons Bowe’s private client solicitors provide tailored advice to reduce inheritance tax liabilities, including the use of trusts, lifetime gifts, and estate structuring, ensuring compliance with HMRC rules and UK tax law.
What is a trust and why should I consider setting one up?
A trust is a legal arrangement that allows assets to be managed by trustees for the benefit of chosen beneficiaries. Lyons Bowe advises clients on creating trusts to protect family wealth, provide for children, and reduce inheritance tax.
What types of trusts can Lyons Bowe set up for clients?
Lyons Bowe helps clients establish various trusts, including discretionary trusts, bare trusts, interest-in-possession trusts, and charitable trusts, depending on individual needs and estate planning goals.
How does inheritance tax affect my estate in the UK?
In the UK, inheritance tax is typically charged at 40% on estates valued above the tax-free threshold (nil rate band). Lyons Bowe’s inheritance tax planning experts provide strategies to mitigate tax and maximise what your loved ones inherit.
Can Lyons Bowe help me use lifetime gifts to reduce inheritance tax?
Yes. Gifting assets during your lifetime can reduce the taxable value of your estate if managed correctly. Lyons Bowe ensures lifetime gifts are structured in compliance with UK tax rules and help protect your estate.
How can business owners benefit from trusts and inheritance tax planning?
Business owners may qualify for reliefs such as Business Relief or Agricultural Relief. Lyons Bowe advises on how to combine these with trusts and estate planning to safeguard businesses for future generations.
Do I need a solicitor to create a trust?
While it is possible to create a trust without legal advice, professional guidance ensures your trust is valid, tax-efficient, and tailored to your needs. Lyons Bowe’s solicitors provide expert advice and ongoing trustee support.
Why choose Lyons Bowe for trusts and inheritance tax planning?
Lyons Bowe offers clear, practical, and specialist advice in estate planning. We ensure your wealth is protected, inheritance tax is minimised, and your wishes are carried out in line with UK law.
