Trusts

There are several reasons why it may be useful to create a Trust.

Trusts can be a good way of giving your family control over certain aspects of your estate once you have passed away. A trust can be used to administer property or money to a child or a vulnerable or incapacitated beneficiary. Under the terms of the trust, you can control when and how much or, in what circumstances, a person should benefit from your estate.

Trusts can also be useful when estate planning and considering asset protection, reducing your inheritance tax liability, or considering the preservation of any inheritance tax reliefs which may be available to your estate.

We can advise you whether, considering your individual needs and circumstances, it would be suitable for you to set up a Trust and the type of Trust that would best suit your needs.