Trusts are not just a means of saving tax, although you can use them very effectively for that purpose. Trusts provide a way of passing on assets to your children or others in ways that continue to give you control over the assets, and protect your children from claims by creditors, divorcing spouses and even against their own possible misguided actions.
If you are thinking of passing assets on to your children or younger generations, a trust arrangement will generally be worth considering. If you already have one or are involved in a trust with which you need some help, we have the knowledge and the skills to keep things running smoothly.
Click here to download our Guide to Trusts.
In order to comply with their responsibilities under the General Data Protection Regulation (EU) 2016/679, if you are a beneficiary of a trust, the trustees may provide you with a privacy notice, an example of which can be downloaded here – Privacy Notice – for use in the administration of trusts.