Beaufort Montague Harris
Trusts
Trusts are useful and flexible tools for protecting your assets and looking after the people you care about. They can be used, for example, to support those too young to manage their affairs or unable to do so due to disability, and to help reduce an estate’s tax liability when someone dies.
There are several types of trust, each with its own set-up and taxation rules. If you would like specialist advice about trusts, including which type of trust is beneficial for you and the relevant benefits, please contact us.