Trusts – West London

We use trusts to preserve and protect your hard-earned wealth. We frequently use them as part of our inheritance tax planning service.

We advise clients on the potential creation and management of a trust for their specific purposes.

They are a useful tool in areas such as:

  • Protecting assets from inheritance tax and care home fees.
  • Providing a secure income stream for the vulnerable and disabled without giving them responsibility for their assets.
  • Holding assets for minors or vulnerable loved ones who can still benefit from the assets.
  • Employee ownership.
  • Wealth management.

Trusts separate legal ownership from beneficial ownership.

Types of Trust

We’ll help you create, and manage, the type of trust that best matches your requirements:

  • Bare Trusts – These protect disabled or vulnerable individuals (they are not used for tax purposes).
  • Income In Possession Trusts – These provide income to your beneficiaries – but your capital is not made available to them.
  • Discretionary Trusts – These are managed at the complete discretion of your trustees.

Contact us today to discuss creating or better managing your trust. You’ll be pleased you did.