Trusts

Many people think that the changes brought in by the Government a couple of years ago ended the use of trusts in tax planning, fortunately this isn't the case. Trusts still have a very important part to play, not only in planning for Inheritance Tax but also in asset protection, to protect what the family own.

Minor children can derive income from Grandparent Settlements.

Older children can enjoy benefits without ownership. This is particularly useful with the high divorce rate.

Widows and Widowers can enjoy income without the beneficial right to the capital.

All of these issues and more can be addressed by the use of a trust.

To learn more Contact Chris Chambers or Andrew Grant on 01246 208282.