Trusts have been instrumental in mitigating tax since medieval times. Initially created for the Nobility and wealthy landowners to avoid paying taxes to the Crown

Nowadays the tax advantages of a Trust is available to anyone with assets to protect

Assets held in Trust can protect family assets against;

  • Divorce or seperation settlements
  • Creditors or bankruptcy claims
  • Future Inheritance Tax bills
Because they don’t stay young forever

With savings rates so low, you might consider investing for children in a Designated Investment Fund;

  • Account in name of Parents/Carer – designated for child/children
  • Open ended – no end date (unlike Junior ISA)
  • No limits on contributions (unlike Junior ISA)
  • Child does not know it exists until you tell them
  • You have full control of investment choices
  • Wrapped in a Trust – no tax liability to parent/carer
Keeping it in the family

Maintaining family wealth and assets is the key to financial well being, Trusts can help protect against tax, ex-partners, care fees, bankruptcy and many other of life’s tangled webs

  • Before giving a deposit for house purchase, consider lending through a Trust.  If the relationship ends, the Trust recieves the funds back, rather than being shared with the other party
  • Life assurance policies should pay into a Trust to avoid increasing the estate for inheritance tax calculations
  • Who gets your pension?
  • Trusts can pay income and keep assets (money or property) away from vulnerable beneficiaries or young children
  • Divorced with children – put a Trust in your Will to protect against your ex-spouse having control prior to children reaching adulthood
  • You have full control of investment choices
  • Wrapped in a Trust – no tax liability to parent/carer