Trusts are relatively easy and very tax efficient ways to set aside assets for future beneficiaries outside of the inheritance tax net. They can also be useful for:
- Providing funds for your children's education, maintenance, etc.
- Restricting access to property by future beneficiaries
- Providing for people who are mentally or otherwise incapacitated
At Newby Castleman we can advise on the most suitable type of trust for your purposes, set up trusts, and provide a full range of accounting services for trusts.
Call us today for more information.