Lifetime Planning

Trusts

TRUSTS - for further tax saving

Trusts can save you significant amounts of tax. Whilst you are, in effect, making a gift into trust you still retain control of investment of the fund. They can be set up in your lifetime or in your will, or both. Funds held in trust are better protected against predators, like divorce lawyers and trustees in bankruptcy. You will also, importantly, decide who benefits, to what extent and when. A trust can last up to 80 years and serve as an excellent tax-planning vehicle for children, grandchildren and beyond.

Fees

Drafting, and advising on, the most appropriate trust for you: £1,500 plus VAT.

On going routine trust administration, including completing the trust tax returns, is charged on a flat annual fee, with only unforeseen and additional work charged for separately.

Please email Rod Smith at rodsmith@boltburdon.co.uk for information about our services, general advice or to subscribe to our weekly private client newsletter or phone him directly on 020 7288 4732.