Kingston office
+44 (0)20 3826 7529Individuals, families, trustees and executors
Our trust and tax administration team assists in a variety of areas. At its core, it manages a large number of family trusts, dealing with their day-to-day management and other issues. The team also assists with estate accounts for the wide variety of estates that the Private Client team administers. Increasingly, the team also assists individuals with preparing their personal tax returns.
The main areas of work include:
- Producing annual trust accounts and estate accounts
- Completing and lodging annual trust, estate, and personal Tax Returns, including payments on account of tax
- Assisting with complex Capital Gains Tax calculations for complex assets, often including residential property or for non-resident individuals requiring 30 day reporting.
- Dealing with inheritance tax events such as appointments of capital.
- Day to day bookkeeping such as recording entries of income and capital events.
- Liaising with other professional advisors on behalf of trustees or beneficiaries regarding trust assets (e.g. property managers, investment advisors)
- Liaising with beneficiaries on behalf of trustees or executors on matters such as income or capital distributions, providing certificates of deduction of tax and income schedules
- Advising the trustees on the rapidly changing legislation governing trusts such as the Annual Finance acts
- Advising on the reporting requirements for trusts including the Trust Registration Service, Common Reporting Standard, and FATCA
In addition to our trust management role, the Russell-Cooke Trust Company acts as a professional trustee for many trusts.
Our team and approach
Members of our trust and tax administration team come from an accountancy background and work closely with lawyers in the Private Client teams. We have the expertise, specialism and flexibility to offer a bespoke service based on individual client’s needs.
Many of our trust managers and lawyers are members of professional organisations such as the Institute of Chartered Accountants in England and Wales (ICAEW), the Society of Trust and Estate Practitioners (STEP), the Association of Tax Technicians (ATT), and Solicitors for the Elderly.
If you would like to speak with a member of the team you can contact our solicitors on; Kingston office 020 3826 7529 or Putney office 020 3826 7515 or complete our enquiry form.
Key contact:
Contact us
Putney office
+44 (0)20 3826 7515Alternatively, use our contact form
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