The minimisation of payment of tax is an aspect of our lives to which much consideration must be given. It is entirely legitimate to minimise your tax exposure.

If a person is the owner of any assets whatsoever, it is wise to have prepared a Will which designates who will benefit from one’s estate and who will administer that Estate. This step has the substantial benefit of removing any possibility of dispute between competing parties, especially family members.

TTC will also meet with clients to assess whether their assets might be better protected and less liable to punitive taxation and costs, either on death or on the receipt or transfer of assets, if they are owned in a different form for example, by a Trust, or a company or in an individual’s name.

Obtaining advice on these matters at an early stage can well have the effect of substantially reducing the ultimate taxes or costs in disposing of assets.