We’re here to help you to protect yours and your families wealth for future generations.


Many of us shy away from planning for the time when we will no longer be here to care for our loved ones.  However, part of efficient tax planning should mean looking ahead to this time in the future and optimising your wealth on behalf of your family and future generations.

Just remember, it is never too early to plan. Early estate planning means that you will have more opportunities to mitigate your tax liabilities whilst remaining tax compliant.  This should mean that your family receives more of your estate.

When it comes to executorships and dealing with the financial affairs of their clients’ and completing their annual tax returns, who better to deal with the estate of deceased clients than their accountants? At SKS, we pride ourselves on providing a swift, cost effective service for executors.

Helpful Information

Below is some helpful information on trusts, executorships and wealth protection.

If you are considering setting aside assets for specific future beneficiaries, trusts can be a tax efficient way to ring fence these assets outside the scope of current Inheritance Tax legislation. Trusts should also be considered when reviewing your business tax planning.

As well as helping to pass assets through different generations of families, trusts can also help families to:

  • Retain control over gifted assets
  • Provide for children and vulnerable beneficiaries
  • Protect assets, including restricting access by future beneficiaries to property
  • Make gifts to charities

The main types of trust are:

  • bare trusts
  • interest in possession trusts
  • discretionary trusts
  • accumulation trusts
  • mixed trusts
  • settlor-interested trusts
  • non-resident trusts

Whilst these might seem confusing, the main points to note are that:

  • each type of trust has different merits and implications and,
  • all have different tax implications.

At SKS, we can:

  • advise you on the most appropriate type of trust for your situation,
  • advise you on the implications of each trust type, and;
  • which are the most suitable for your needs.  This includes advice on Capital Gains Tax (CGT) and Inheritance Tax (IHT) implications.

Our services include:

  • Setting up and registering your trust with HMRC
  • Completion of trusts accounts
  • Completing of tax returns
  • Providing distribution advice to your beneficiaries
  • Assistance with the winding up or closing of trusts
  • We can also act as a Professional Trustee to help remove this responsibility from your loved ones and to ensure you remain compliant

We can also offer assistance regarding IHT returns and applications for Probate.

There can be tax-planning considerations when preparing your Will and we can advise you about these as required. In many cases, we act as trustees or executors.

We can assist with:

  • Collating estate assets and liabilities
  • Preparing IHT and probate forms and payment of IHT
  • Claiming of various reliefs including APR and BPR
  • Conversion of assets into cash and payment of liabilities
  • Preparation of estate accounts
  • Distribution of estate to beneficiaries


With dedicated experts spread across the UK, our teams will be able to help you with any of your requirements.


We have offices all over the UK. Click below to find yours.


Barbara Gatward
Barbara GatwardJohn Gatward Packaging Ltd
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"Our accounts are always dealt with in a timely manner, all submissions made efficiently, and reminders sent when action is required from us. Would not hesitate to recommend."
Sarah Fox
Sarah FoxBeckingham Place Manmagement Co
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"Since taking over BPMCO's accounts, my life is much easier. You deal with everything really quickly and nothing has been too much trouble. Sonia is great. Thank you!"
John Webb
John WebbWebb Sight Consultancy Ltd
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"Very reliable and professional, with a quick response time to emails sent to them. They give us peace of mind that our tax affairs are in order, as are Companies House returns, etc."
Michael Shephard
Michael ShephardSandrock Management Ltd
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"I have been impressed by the professionalism displayed by the team. Commitments are consistently met and I'm looking forward to a closer working relationship during the coming months."
Michelle Warner
Michelle WarnerAshdown Travel
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"SKS are great to deal with, very approachable with all levels of staff from Directors to accounts staff and are accommodating with requests."
Wendy Coad
Wendy CoadSURR7
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"Responsive and efficient with clear lines of communication. They have kept us up to date with everything they are working on for us. Everyone very helpful and knowledgeable. Genuine people."
Jason Willett
Jason WillettIsherwoods
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"Always there when we need them most."
Simon Doyle
Simon DoyleKGLighting
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"Very good service and always ready to help with new situations that occur."
Maggie Norgate
Maggie NorgateNautilus 19
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"Quick, structured efficient communication and service."
Fiona Penny
Fiona PennyFiona Penny Bespoke Home Finders
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"SKS Business Services understand me and my business and I trust their advice implicitly."
Stuart Herron
Stuart HerronHerron Consulting Ltd
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"The team are very friendly, supportive and easy to work with. Have been a long term client and have SKS have never failed to support me when I need them - thank you team."
David Ede
David EdeBlackhall RAFA Association treasurer
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"Brilliant professional service delivered by friendly helpful staff, I would and will highly recommend to friends and colleagues."

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