Planning For Your Future: A Comprehensive Guide To Trusts
Planning For Your Future: A Comprehensive Guide To Trusts
Our trust expertise covers the entire range of trust
services. For your loved ones to manage your estate while grieving can make an already emotional time more stressful.
Our trust expertise covers the entire range of trust services. From managing the day-to-day administration of trusts, to set up and registering of trusts, and preparing tax accounts. We deal with the full range of trusts available, including the implicated estate planning that may be involved when it comes to allocating your assets and mitigating tax liability.
You can transfer assets to a lifetime trust so that your assets are not considered part of your estate – reducing your inheritance tax (IHT) liability. This also takes away the need for you to give away assets to beneficiaries seven years before your death to minimise IHT.
In our modern world, family scenarios are complex and can often involve multiple marriages and children. Trusts can protect the interests of your beneficiaries to take account of any family situation and ensure that your wishes are reflected.
We can also administer the trust to look after those family members who need extra guidance – perhaps they have faced health or personal issues that mean they would benefit from us administering the trust objectively.
Our experienced private client team can help you prepare a lifetime truss so that your family can avoid unnecessary worry.
We can act as the trustees of the trust and manage it on your behalf and have considerable experience in trust administration. Each trust requires two trustees. We can provide both of these roles or along with a family member, we can act as a trustee. Alternatively, we can be an independent adviser to the trust, delivering objective advice to the trustees.
Trust law is constantly evolving and can be complex to understand. We stay abreast of changes in trust laws, rules and regulations to offer our clients the best solutions that meet their needs.
