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Trusts |
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Are you concerned that your children or grandchildren are too young to receive a substantial sum or inheritance and that it may be used unwisely? How can you ensure that any children you may have from a previous marriage will be provided for if you re-marry, but you wish your present spouse to also benefit from your property? |
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Is a member of your family in need of some assistance in dealing with their financial affairs? Have you considered setting up a charitable trust? Do you wish to make provision for school fees? If the answer to any of these questions is yes, then it's time to think about trusts. |
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We can advise on all aspects of the creation, administration and winding up of trusts and how they can address the complexities of:- Asset protection with either young or spendthrift family members in mind, and for provision against claims by creditors
- Mitigation of inheritance tax and capital gains tax
- Second or subsequent marriages and divorce
- Financial provision for disabled persons or those with other incapacity
A trust can be set up during your lifetime or take effect on your death. We can help you decide which assets could be placed in trust, and advise on the appointment of trustees and on their powers and duties.
We can also advise on disputes concerning trusts, click here for more information.
For more information on trusts contact Colin Henderson |
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