Trust planning

As a company we provide advice on setting up trusts as well as providing professional advice to Trustees. Trusts can set up for a number of reasons, including:

• to reduce the amount of Inheritance Tax that will be due on your death and increase the amount of money that you can leave to your beneficiaries (often your children or grandchildren)
• to control and protect your family’s assets (especially in the case of a divorce)
• when someone is too young to handle their affairs
• when someone can’t handle their affairs because they’re incapacitated
• to pass on assets while you’re still alive
• to pass on assets when you die (a ‘will trust’)
• under the rules of inheritance if someone dies without a will (in England and Wales)