Trusts

Trusts are one of the most effective methods of estate planning. They can help ensure your wishes are followed, are tax-efficient, and can even be structured to benefit you in your lifetime. But they are not perfect and, sometimes, things go wrong. The most common issue is that the trust didn’t have the right trustees.…

If you worked hard to establish your business, its continued success might be almost as important as looking after your family after you have gone. Thinking about business succession means that you can put measures in place to ensure both your business and your family continue to thrive. But there are many factors you will…

Many believe that trusts are just used to avoid paying tax, but this is not the case. Simply by putting money or assets in a trust does not stop the tax man from paying attention. Indeed, using a device like a trust solely to reduce the tax you owe may be risky, since HMRC might…