Trusts and executorships
Trusts can be extremely useful instruments for tax planning purposes; in particular they are a very tax efficient way to set aside assets for future beneficiaries outside of the inheritance tax net.
They can also be useful for:
- Providing funds for your children's education, maintenance, etc.
- Restricting access to property by future beneficiaries
- Providing for people who are mentally or otherwise incapacitated
- Gifting to charity
We can help you determine which types of trust are suited to your purposes. Once in place we are also able to provide a full range of accounting services for the trust.
Where appropriate, we can also act as trustees or executors.
Contact Us today to discuss your requirements and options for setting up and administering a trust.