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Trusts

We advise on the creation, taxation and administration of trusts. These are usually family trusts which are either discretionary trusts to benefit a class of individuals; Bereaved Minor Trusts to benefit children; or Interest in Possession Trusts to benefit particular beneficiaries whilst protecting the capital of the trust fund for future generations. We are familiar with and able to advise on the changes made by the Finance Act 2006.

Trusts are drafted to suit the particular needs of our client and we always ensure that our clients understand the legal, practical and tax implications of the arrangement before it is entered into.

Trusts advice is usually given as part of an overall tax planning structure. The use of trusts is considered during lifetime as well as on death.

We are also able to advise clients moving to jurisdictions such as France or Switzerland on the approach to trusts in those countries which differ significantly from the UK.

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