Trusts can be used for a variety of purposes, including inheritance tax planning, protection of assets, and for charitable activities.
A trust can:
- • Reduce tax liabilities
- • Protect a family business
- • Defer children’s inheritance until a specified age
- • Make charitable donations
- • Control the distribution of assets over time
Family trusts, for example, are often used to make provision for children or grandchildren in a tax-efficient manner whilst also protecting the assets that are subject to the trust.
Whether you are interested in creating a trust for tax saving purposes, setting up a charitable trust, or if you need advice on other aspects of trust management, then you can be sure we will take the time to understand your circumstances and recommend the most appropriate trust structures to meet your objectives.
Apart from advising on the creation of trusts we also offer a full trust administration service.
To discuss trusts and their administration please contact Deborah Mills, Senior Partner, on