A Trust is a fund into which you can transfer some of your assets for the benefit of others. Either you or your appointed trustees can control this Trust. Sometimes there are tax advantages. We are able to advise on the suitability and the appropriateness of a Trust being set up in your circumstances and the likely tax implications.
Inheritance Tax potentially becomes payable on your death subject to the value of your Estate. It is possible to try and minimise its impact by careful tax planning. We can advise you should any Inheritance Tax saving measures be available to you and your Estate.