Trustee Services

What is a Trust?

In theory, giving something to a close friend or relative should be simple but in reality it’s a complicated process. If you don’t get it right, the taxman may benefit at the expense of your intended recipient.

A Trust is a highly effective way to ensure this doesn’t happen. Trusts can help you avoid Probate delays and can be a tax-efficient method for saving and investing. Above all, they offer you a controlled, accurate way to distribute your wealth so that it only benefits the people you really want it to.

For example, you can establish a Trust whereby income is paid to certain people while the capital ultimately goes to someone else. And Trusts are flexible too – you can change your mind about who should receive an asset or how an asset should be shared out.