Preserving Assets for the Next Generation

Trusts which are made during a person’s lifetime can be a tax efficient way of transferring assets out of their estate – to preserve them for the benefit of loved ones, future generations or charities. Trusts can be used for many different purposes, including:

  • To protect assets and preserve funds for future generations, such as children or grandchildren
  • To provide for minors should something happen to their parents
  • To provide for vulnerable persons
  • As part of tax planning
  • As part of a plan for charitable giving
  • To receive compensation from personal injury

We can assist in finding a specialist partner to handle all aspects of trust creation and administration, across many different types of trust – either as the professional trustee, or by assisting an individual trustee.

To find out more about this service, please complete the form and register your interest.

Please complete the form
to register your interest

An Overview of Trustee Services

A trust is a legal arrangement where one or more ‘trustees’ are made legally responsible for their assets. Anything from
land, money and houses, to cars, paintings and antiques can be placed in trust because their value forms part of a client’s estate.

The trustees are legally responsible for the management of the trust and ensuring that the ‘beneficiaries’ receive the assets your client wants them to, at the right time. Their wishes are usually in the Will, however trustees can have discretion in some cases to make sure everyone’s best interests are maintained.

As a result, certain administrative duties need to be fulfilled by law whilst also taking account of the terms of the Trust Deed.

Appointing a professional trustee service allows advisers to relieve what can be an overwhelming governance and administrative burden on the company and existing trustees. Paving the way for the company’s appointed trustees provides freedom to focus on the needs of the business, whilst also eliminating potential conflicts of interest.

How It Works

Our specialist partners can advise on all of the legal aspects of estate planning – including will trust planning, powers of attorney, trust administration, the creation of lifetime trusts and deeds of variation, and respective post-death inheritance tax planning. These essential services form the solid foundations for all estate and succession planning, and are critical elements to leaving a lasting legacy.

Powered by Zedra Trust Company UK Limited

Supporting Advisers

We work with carefully selected partner organisations to provide a collaborative, multi-disciplinary approach to estate planning. To strengthen and develop the estate planning element of a business, view our other Partner Services.

Find out more about our other Partner Services