Trust Creation & Administration

We have the necessary specialist knowledge to help you exploit the opportunities awaiting you from trusts.We can assist you to :

• Understand the pros and cons of setting up a particular trust form to achieve your underlying objectives (including the various tax implications involved).

• Set up the most appropriate form of trust for your particular circumstances in your Will or during your lifetime – including life policy and death in service trusts for inheritance tax mitigation purposes, business asset trusts for succession and inheritance tax planning purposes, personal injury trusts for means tested benefit protection purposes and asset protection trusts to safeguard family assets from future care fees.

• Identify the need to restructure existing trusts to meet family objectives and maximise tax efficiency.

• Restructure the trustee composition to ensure the continuing smooth running of a trust.

• Administer existing trusts to ensure that the trust managers comply with the legal duties imposed upon them in this role.

• Advise about the continuing need for a trust.

• Close down an existing trust in a tax efficient manner and in accordance with the necessary legal requirements placed on the trustees.