Trusts & Tax
Clear, practical advice on trusts and inheritance tax planning
Trusts and tax planning play an important role in protecting family wealth, providing for loved ones and managing future Inheritance Tax exposure.
Our experienced trust solicitors provide clear, practical guidance on trusts and inheritance tax planning, helping you make informed decisions with confidence. Whether you are planning ahead, dealing with an existing trust or navigating tax obligations, we are here to support you with straightforward advice tailored to your circumstances.
Speak to us for clear guidance on trusts, Inheritance Tax and long-term planning.
About Trusts and Tax
Trusts and Inheritance Tax explained
Trusts are legal arrangements that allow assets to be held and managed for the benefit of others. They are commonly used as part of Inheritance Tax planning, asset protection and long-term family planning.
Trusts are often created alongside a Will to ensure assets are distributed and managed in line with your wishes. Our Wills and estate planning team works closely with our trust professionals to ensure your arrangements are aligned.
Depending on the type of trust and how it is structured, different tax rules may apply. These can include Inheritance Tax on trusts, Capital Gains Tax on trusts, and Ongoing trust reporting and compliance.
Vulnerable Beneficiaries
Trusts, vulnerable beneficiaries and long-term protection
Where additional legal protections are needed, our team can also advise on Court of Protection matters, including deputyship and ongoing financial decision-making.
Additional Guidance
Additional guidance on trusts and tax planning
- Types of trusts – discretionary, life interest and bare trusts
- Trust registration with HMRC – when registration is required
- Trust accounts and tax returns – trustee responsibilities
- Trusts and estate planning – working alongside Wills and probate
- Trusts and care home fee planning – lawful, compliant advice