Trust & Trustee Advice

Trusts are a specialist area of financial planning in which money or assets are transferred from an individual (known as the settlor) to a separate legal entity (the trust) for the eventual benefit of another person or persons (the beneficiaries).

There are many reasons why a trust might be created. It could be to pass on wealth to the next generation, to reduce a potential inheritance tax bill, to ensure a loved one is financially secure after your death, to make a tax efficient gift or loan or a variety of other reasons.

Once established, the trust assets are managed by the trustees. Acting as a trustee can be complex and time-consuming, with a range of different duties and responsibilities to consider. It is important that a trustee acts in the best interests of the beneficiaries and in line with the provisions of the trust, which can sometimes mean taking a different approach to how an individual would act with their own money.

We have experience in providing investment advice for different types of trust, helping trustees understand their options and how to act in the best interests of the beneficiaries, whilst meeting their objectives and obligations. When the time comes, we can also help to advise upon the distribution of trust assets in a tax efficient manner, while acting fairly between different beneficiaries.

As well as advising individuals, we often work closely with solicitors regarding different trust arrangements.

Specialist Advice

Pensions on Divorce

Power of Attorney and Court of Protection

Redundancy Counselling

Advice Team

Phil Boon

Phil Boon

Director and Independent Financial Adviser
Graham Hume

Graham Hume

Director & Independent Financial Adviser
Stephen Sale

Stephen Sale

Director & Independent Financial Adviser
Michelle Murphy

Michelle Murphy

Independent Financial Adviser
Adam Whittingham

Adam Whittingham

Paraplanner

Please feel free to contact us if you would like to enquire further