Our clients set up trusts for a variety of reasons – to pass wealth down through the generations, to help preserve family businesses, to protect assets for vulnerable people and to utilise tax exemptions and reliefs.
We ensure that the structures are designed to meet individual and family needs, that they are properly administered and that running costs are not a burden. More specifically, we prepare annual income and capital accounts, submit tax returns and advise trustees on any issues that might arise.
Another area of expertise is the formation of charitable entities. Our service encompasses applications for Charity Commission approval, tax effective charitable gifts and the creation of trading subsidiaries for charitable bodies.