Trusts and Settlements have a variety of uses from tax avoidance to the protection of assets. They may be complex structures to cater for a variety of assets or beneficiaries or simple arrangements e.g. to protect a vulnerable child or relative; used properly they can provide great benefits.
When might you use one:-
- In order to save taxes, particularly Inheritance tax
- In safeguarding assets for children and young adults who will inherit them
- To create a charitable vehicle
At Steele Raymond LLP we have considerable knowledge & experience of all kinds of trust and settlement, to ensure we set up the right type of vehicle for you and your family. Our team will advise you on the detailed legal and tax points using plain English.
Recommended for: Personal tax, trusts and probate in the South West
John Andrews and Paul Causton are recommended at Steele Raymond LLP.
Source: The Legal 500 2012 an independent guide to the legal profession.