In terms of protecting your assets and for saving tax, properly set-up Trusts are invaluable. They can ensure your assets are secured for your beneficiaries and save significant amounts of money in relation to Inheritance Tax and Capital Gains Tax. For a Trust to work efficiently, you need excellent legal, tax and investment advice, as well as good administration, all of which our team can provide.

• The value of your estate might exceed the inheritance tax (IHT) threshold and you want to save IHT.
• You might have assets which you want to pass onto family, but they have capital gains which would mean tax is due if you transfer them.
• You might have a pension lump sum or death in service benefit due on your death.
• You have an IHT liability and are putting in place life cover to meet this.
• You are looking for ways to protect business assets for the next generations.

This list is not exhaustive, but are all examples of situations where a Trust might help save significant amounts of tax.