Oglethorpe Sturton & Gillibrand are recognised experts in tax planning and trusts.  We realise the importance of advising you on the protection and preservation of wealth for the long term, whilst considering your family circumstances.

We do not adopt a ‘one size fits all’ approach.  We consider tax planning and trusts in the context of your individual needs and aspirations. Our experts are both approachable and experienced.  We are dedicated to providing clear yet specialist advice combined with a personal service.  We are trusted by clients throughout the South Lakes, Lancaster, Kirkby Lonsdale and surrounding areas to guide them with care through the technical aspects of tax planning and trusts.

Wills

Wills are a fundamental part of any tax planning exercise. We will carry out a thorough review of your wills or prepare new wills where necessary.  An up to date will is essential in ensuring that what you do in your lifetime fits with the plans you have for your estate on death.

Tax Planning

We regularly advise on lifetime capital tax planning and post death arrangements.  We are committed to achieving the best results for you and your family within the rules.

Reducing the tax burden requires careful structuring to make sure that it does not fall foul of legislation. Our experience means we can guide you through the options and the implications for you personally.

We have particular expertise in claims for agricultural property relief, succession planning for farmers and landowners and business property relief. We can help to maximise the tax relief  in terms of  tax efficient structures during your lifetime and dealing with claims on death.

We will work in conjunction with your accountants and financial advisers to make sure assets (in your business, pensions and life policies) are set up in the most tax efficient way. We have close working relationships with many of the accountants and independent financial advisers in and around Lancaster, Kirkby Lonsdale and the South Lakes.

Trusts

What are Trusts?

A Trust is a vehicle whereby property is held by one party for the benefit of another. It is created by a Settlor who transfers some of his property to a Trustee who holds if for the Trust’s beneficiaries. There are different types of Trusts and which type of Trust is suitable (if any) will very much depend upon your circumstances. We will consider all the relevant factors and discuss this with you.

The benefits of Trusts

There are a number of benefits to creating a trust:

  • Trusts are a useful way to deal with inheritance tax planning.
  • Trusts can provide a degree of protection for your assets from third parties.
  • Trusts can assist vulnerable beneficiaries, for example those with learning difficulties, by making structured financial provision for their benefit  without the risks associated with large outright gifts.

We provide specialist advice on the creation of trusts both in your lifetime and under your Will.  We will also advise you on the range of options available for you and the ongoing trust requirements once established.  We can deal with the day to day running of the trust as we offer a full range of expert Trustee services.

Specialist Advice

A number of our solicitors are fully qualified members of the Society of Trust and Estate Practitioners (STEP).  This additional qualification ensures that our teams have the specialist knowledge and expertise to deal with your affairs.

Our offices in Lancaster and Kirkby Lonsdale have been providing the highest quality advice to generations of families in the Lancashire and South Cumbria regions.

If you would like to discuss how we can help you and your family please contact one of our specialist team members listed below.

MEET THE SPECIALISTS

Clare Love

Clare Love

Mark Hutchinson

Mark Hutchinson-Lyons

Hannah Bates

Hannah Bates

Fiona Gregory

Fiona Gregory

Hayley Housley

Hayley Housley

LET’S WORK TOGETHER

We work as a single united team with market leading firms around the world and give our clients the highest quality advice possible.

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