Trusts offer a relatively straightforward and very tax efficient way of setting aside assets for future beneficiaries outside the inheritance tax net.
They can also be useful for a range of other purposes, such as:
- Providing funds for your children's education
- Restricting access to property by future beneficiaries
- Providing for people who are mentally or otherwise incapacitated
At HPH, we can advise on the most suitable type of trust for your purposes, set up your trust, and provide a full range of accounting services for trusts. We can also acts as trustees or executors where appropriate.
For more information and advice on trusts and executorships, please call us today.