Trusts can be effective in long-term wealth and succession planning and frequently offer reductions in a family’s overall inheritance tax liabilities.

Many landed estates use trusts to safeguard assets for future generations. We use our knowledge and experience of trusts to ensure that the complex technical requirements of trusts are met, while keeping them under review to ensure they operate in the best interest of the owners.

Trust structures provide flexible ownership solutions for families; however the family’s needs and circumstances will change over time. This, coupled with the ever changing legislation affecting trusts means you will require advisors who have a detailed working knowledge of trusts. We have the expertise, with both UK resident and overseas trusts, and act for trustees and the beneficiaries of these structures to ensure that new, as well as long-standing trusts operate effectively for all concerned.

Our experts not only advise trustees, they also act as trustees for some clients. This means that we understand the needs of trustees particularly well.

Services for trustees

We aim to provide a pro-active, practical service to trustees to help them through the maze of trust legislation, while giving straightforward and easily understood advice on the tax and accounting issues affecting them and their beneficiaries.

Areas covered with trustees might include:

  • Appropriate accounting treatment for receipts and payments.
  • Reduction of periodic inheritance tax liabilities.
  • Distribution planning for trust beneficiaries.
  • Inheritance tax reporting.
  • Regular book-keeping service and annual accounting.

For more information on how we can help your trust, please contact one of our specialist team.

Contact Us

James Stevens
Partner, Peterborough

Key experience

James is a private client specialist, acting for high-net worth individuals and families, family-owned businesses and landed estates.