Use of Trusts

A trust is a legal holder of assets which can be used for many purposes, including financial planning. Our advisers will talk to you about how they can be applied, if we feel that a trust arrangement is suitable for you.

Trusts can be used to control and protect assets. Here are some examples of where a trust might be of benefit:

  • Money could be put into a trust for children or grandchildren when they get married or reach a certain age.
  • A family home could be put into trust to ensure it stays in the family in the event of a divorce.
  • Specialist gift trusts can be used to reduce Inheritance Tax liabilities.

We will ensure that any trust arrangement is properly set up to protect your best interests and those of the trust beneficiaries. If needed, we will work with solicitors and other professionals to achieve this.

Trusts are governed by trustees who are responsible for the funds in the trust. If you are a trustee, we will advise you about your financial responsibilities and appropriate investment routes for money held in trust.

The value of your investment can fall as well as rise and you may get back less than you have invested.

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