Making it easy for you and trustees

Trusts are emerging as the most favourable planning process to protect wealth, but it can be rather complex to understand.

A trust is the process of transferring assets to trustees (a group of people) to protect and hold for others. There are three parties that make up a trust, and they are:

  • A Settlor – The person who initiates the trust
  • A Trustee – The individual entrusted to hold the assets for beneficiaries
  • Beneficiary – The person(s) who will benefit from the trust

The Benefits of a trust

The most notable benefits of forming a trust is the control it brings, the protection to assets gained and the flexibility that comes with it. Inheritance tax planning is also a typical benefit, but an outright gift to any party would give you the same inheritance tax advantages.

Questions regarding investment trusts?

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