Trusts & Tax Planning
A trust is a legal arrangement whereby one individual will look after assets (including money or property) on behalf of somebody else.
There are a number of reasons why it may make sense to set up a trust:
- To manage money or property on behalf of a child.
- To manage money or property on behalf of a vulnerable adult.
- To manage money or property in a way that is financially beneficial in terms of tax benefits.
- To preserve assets in the event of a death.
We can help you with setting up or administrating a trust.
We can provide a full review of your personal finance and tax affairs to ensure you’re benefiting from all available options to minimise your inheritance tax liabilities.
This review includes full consideration of what will happen to your assets in the event of your death, and how the interests of your beneficiaries can be protected.
Get the legal advice you need
Our solicitors will always be happy to discuss your legal needs with you. Please get in touch with us if you have any questions about trusts and tax planning and our specialist trust solicitors will be more than happy to help you.