Trusts

As a firm, we’ve worked on trusts since our inception and the result is that one of our families of clients has chosen us for over 270 years. Whether it be helping families preserve, grow and protect generational wealth or guiding individuals who have more recently built up their own, we have real depth in understanding the issues faced.

Expert advice on how to plan for the protection and future ownership of assets is a cornerstone of the work we do with our clients. There are many situations where setting up a trust can be valuable, such as:

  • passing wealth safely to the next generation
  • protecting wealth following the death of a family member or a relationship breakdown
  • shielding from business risk

Decisions about who should receive what and how best to protect and manage those assets are crucial to succession planning.

Trusts arise through various situations, including succession planning, financial planning, pensions, life insurance and commercial business. They can be a useful asset protection and tax planning mechanism and we provide specialist advice for:

  • tax and administration while setting up trusts
  • trustees of existing trusts
  • trust beneficiaries

Assets take many forms and our experts work with an outstanding client base, including entrepreneurs, family businesses, farmers, landowners, owners of heritage property and other high net worth individuals in Scotland and beyond.

We can help you with every area of personal and business tax planning, as well as advising on all types of trust and the stages involved in setting up and running one.

We’ll advise on every element of wealth protection to ensure you have flexibility and control over your funds. Our advice is always bespoke to the needs of our clients or family involved and we’ll discuss your immediate priorities and long-term goals, such as maximising tax benefits or providing a shelter for your funds.

We can also advise on trust and succession issues that may arise as a result of Brexit and future tax reform.

Let us use our expertise to provide you with the most innovative and pragmatic ideas.

Our accreditations

Our team comprises Law Society of Scotland accredited specialists in trust law, members of the Society of Trust and Estate Practitioners (STEP) and Chartered Tax Advisors. It is one of the largest in Scotland and our people are vastly experienced in all areas of trust planning and administration.

We're here to help

If you’d like to hear more about setting up a trust or if you have questions about an existing trust, please contact us.

"Offering a complete package of legal and financial advice under one roof. Experts in their field available throughout."

Client testimonial, Chambers UK