Trusts & Tax Planning
07 March 2017
An introduction to the relationship between Trusts and Tax.
Trusts are a legal arrangement whereby assets are placed into the care of an individual (Trustee) who manages them for the benefit of someone else (Beneficiary).
For the person placing the assets into the trust (Settlor), they know that those assets are being properly looked after until they come under the legal control of the Beneficiary.
Read our Trusts & Tax Planning Guide for more information about how different types of trusts are affected by Income Tax, Capital Gains Tax and Inheritance Tax.
Trusts and Trust Planning are a complex area so it is important to get professional advice. Contact us today for more specific guidance based on your situation and goals. We can help you create an effective Trust strategy if appropriate.