Trust and Estate Services

Our specific Trusts and Estates department has many years experience in dealing with a wide range of trust and estate situations and would be delighted to assist you too.

Who can utilise our experience

Trustees who are having difficulty calculating tax liabilities, completing the tax forms by the necessary deadlines and preparing accounts.

Solicitors who have pressing legal matters to deal with. Preparation of trust accounts and related compliance responsibilities to the Inland Revenue is time consuming work. Mitchell Charlesworth can release time for you which would otherwise be spent in this area.

Accountants who do not have an expert in this field, still wish to maintain contact with their client, but do not have the expertise or time to complete the annual accounts and income tax return cost effectively.

The Service

Whether you are up to date with your accounts and income tax returns or in a backlog situation, we can provide the services to meet your needs. The service includes the provision of a Trust and Estate Newsletter to keep you informed of topical matters.

For Trusts

• Annual accounts
• Income tax returns
• Income and capital gains tax computations
• Distributions to beneficiaries, including preparation of related tax certificates (forms R185 / R185E)
• Day to day administration

For Estates

• Accounts for the period of administration
• Ongoing annual accounts for will trusts
• Income tax returns for the period of administration
• Income and capital gains tax computations
• Estate administration - collection and distribution of assets

Inheritance Tax

Our experienced team can advise individuals and companies on inheritance tax and estate planning, and assist with the planning of wills and trusts. Certain partners will also act as executors and trustees and give continuing financial advice to families.

Things to think about.

The Department

Mitchell Charlesworth have an experienced and dedicated team dealing with trusts and estates. The department has been established for many years and looks after a wide variety of trust situations including :-

• Life Interest
• Discretionary
• Accumulation and Maintenance
• Charitable
• Bare Trusts

Your next step

If you would like to discuss any of the above or require further information please e-mail Andrea Green at our Liverpool or Manchester office.