Estate planning and Trusts

Protection for the future

Estate planning involves deciding in advance who you would like to leave your assets to after your death. This includes property ownership, landed estates, pensions and trusts.

Trusts are set up to protect something of value or safeguard money for someone you care about. As well as Trusts for land, estates and buildings, you can also set up a trust for money, investments, and smaller assets like a family heirloom.

Experts in lifetime financial planning

Our wealth management team has handled affairs on the behalf of over 300 trusts. We have years of expertise in planning for the long-term protection of property, giving expert advice on planning and administration, tax planning, funding, and inheritance planning, and making sure you pass on your money and property in the most tax efficient way.

From our offices in Blackburn and Burnley, our trust and estate advisers work closely with legal teams and our tax and wealth management specialists so the advice we give you is informed by their expertise too.

We are also a trusted member of the Society of Trust and Estate Practitioners (STEP), an association for practitioners dealing with family inheritance and succession planning, and the Country Landowners Association (CLA).

Setting up and managing a trust can be complicated when there are so many different types of trusts with independent tax rules and different effects on trustees and beneficiaries. We can help with all aspects, including:

  • setting up a trust
  • Inheritance tax, Capital Gains tax and other tax issues
  • Tax planning advice
  • Managing trust income
  • Conserving and protecting wealth and funds
  • Investments
  • Multiple ownership
  • Trust succession
  • Charitable Trusts
  • Employee share schemes
  • Record keeping & accounting
  • Reporting to the HMRC and following statutory requirements

Getting advice from a highly skilled, experienced, and expert financial adviser can make the whole process easier, giving you peace of mind that your assets are safe. 

Individual client care

We understand that Landed Estates and Trusts often have their own specific rules and details that need to be taken into account. Every case is different and we enjoy getting to know our clients. Our trust and estate advisers take time getting to know you and your unique situation so that we can work with you to find a personal solution tailored to your needs. And as ever, we avoid the jargon and keep things simple.

As expert mediators, when it comes to inheritance planning, we can help you navigate the difficult conversations and arrive at a solution that’s best for your family. Our team focuses on tact, understanding and knowledge to best ensure the security and longevity of your assets, estate or trust.

We are also members of Praxity, a global alliance of international accounting firms, so we can help and give guidance on setting up a trust or managing estates from abroad and non-resident trusts.

And to give you complete peace of mind, you can take part in our optional fee protection insurance scheme. We offer this to all clients who ask us to prepare their income tax or company tax returns. This keeps you in control by covering our fees for acting on your behalf should HM Revenue and Customs ever enquire into your trust or estate’s tax affairs.

We’re always happy to discuss your needs, so get in touch for some over the phone advice or to arrange a free exploratory meeting.

PM+M Wealth Management is authorised and regulated by the Financial Conduct Authority and we are compliant with the new Retail Distribution Review (RDR) rules.

tony brierley