A way of managing assets (money, investments, land or buildings) for people.
1 hr1 hour
A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers ("settles") a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary.
Trusts can be used as part of a wealth protection strategy to protect assets as well as tax planning vehicles, particularly as part of inheritance tax planning.
We can advise on the setting up and running of:
- Discretionary trusts;
- Accumulation and maintenance trusts for children;
- Interest in possession trusts.
We can deal with all trust accounting and tax matters on your behalf.