Trusts, estates and family wealth services

In Tax

Bringing together a global network of professionals to advise you and your family on trusts, estate and inheritance tax planning, along with family office services to ensure that your needs are met, now and for generations to come.

What EY can do for you

EY’s trusts, estates and family wealth services are designed to partner alongside you and your family to facilitate and enable the smooth transition of wealth from one generation to the next. We can support you on a broad range of tax planning and advisory matters as well as generational change, family office set up and family governance.

Family office services

As the complexity of managing the family wealth grows, families may look to professionalise this and achieve improved operational efficiency with some form of family office function. This might start small with some record-keeping assistance and other administrative support, but can quickly evolve into a full-service single family office that manages investments, tax, accounting, reporting, philanthropy and next-generation education for the full family across multiple generations.

Risk management for family offices

Risk management is another key challenge for a family, and this can also be a reason why a family may consider setting up a family office. When contemplating what measures are needed to protect the family’s assets from risk, it is important to have a broad view on risk. Strategies around data protection and privacy, cybersecurity, social media and the security of family members are often required as well as systems in place to manage financial, operational, tax and regulatory risks. Putting a comprehensive risk management framework in place will help to protect the family’s capital as well as its privacy and reputation.

EY applies a broad approach to working with families to protect the family capital. We help the family put in place systems and processes to manage its wealth in a way that achieves operational efficiencies and cost savings, whilst reinforcing family values and fostering family unity.

Unlock your ambitions with EY Private

EY Private supports entrepreneurs, private businesses and their owners to realise their full potential.

US/UK Cross Border

Providing private clients and business owners with the insight and experience needed to solve complex US and UK tax and compliance issues.

Our latest thinking

How to navigate US estate tax

Non-US citizens owning US assets need to plan ahead if they don’t want to leave inheritors facing a big bill.

Six tax planning considerations for owning US real estate

Tax rules governing US property ownership differ for residents and non-residents. Explore key considerations for current and future owners

Why charitable giving needs forward planning in UK and US

Differences in tax exemptions in the US and UK mean the giving and receiving of gifts may need to come with caution.


    Contact us
    Get in touch to find out more.