Trusts

One of the most effective ways of controlling the succession of assets and reducing tax liabilities is to establish a trust.

We can advise on what type of trust structure is most suitable, when and if it is appropriate to establish a trust and how long it is beneficial to maintain it.

A Trust can:

• Mitigate
• Protect a family business
• Defer children's inheritance until a specified age
• Make charitable donations
• Control the distribution of assets over time

We can:

• Establish new charitable trusts
• Administer the trust
• Appoint trustees
• Distribute funds
• Prepare income tax returns
• Advise existing trustees on their powers and responsibilities including monitoring investment advice and performance under the Trustee Act 2000
• Ensure compliance with all Charity Commission requirements
• Advise on tax efficient gifts to charity