Specialist services:

Trusts and Estates

Registering a Trust

Setting up a trust within the UK tax system is a complex process and can be confusing.  We will work with you to identify to your objectives and advise you on how you can meet them through the use of trusts.

If you are looking to protect your estate and provide continuity for the future, family trusts can be an effective solution and can bring Inheritance Tax (IHT) and Capital Gains Tax (CGT) advantages.

Trusts

Whereas a gift cannot be controlled once it has been given, setting up a lifetime trust enables you to have some control on how any wealth or assets are managed, even after having made the gift. A trust is a legal structure into which you can transfer your assets allowing you to make future provision for people (such as a member of your family), organisations and even your business. Our advisers regularly work with clients who wish to use trusts as a way of protecting their family’s financial future, but there are a range of trusts available, so you should always seek professional and independent advice before setting up a trust.

As part of the legal arrangement for a trust you will need to appoint trustees who will be responsible for the management of the trust, and who have an obligation to ensure that it is being run in accordance with the terms of the trust and in the beneficiaries’ best interests.

Get in touch

We have an in-house advisory team who offer tax advice to individuals and businesses in relation to setting up and managing a trust. They will be on hand to help you navigate the tax system, giving you the peace of mind in knowing that you are paying the right amount of tax now and in the future.

Get in touch to see how we can help you.

Call us on 0330 058 6559
Email us at hello@scruttonbland.co.uk

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