Trusts and Trust Administration
Trusts can be complicated. Our aim is to help you understand how they work.
The creation and management of trusts is a very specialist area of the law, and there are many traps for the ill-advised.
There have been substantial changes to the tax rules relating to trusts. If you are responsible for a trust and it has not been reviewed within the last two years, it is essential that a review takes place as soon as possible.
Our expert team has a wealth of experience with a wide range of trusts. We can advise about:
- New Inheritance Tax rules from 5.4.08
- New Capital Gains Tax rules from 5.4.08
- Trust reviews
- Variation of trusts
- General trust administration
- Trust accounts
- Trust tax returns
- Distributions to beneficiaries
- The powers and duties of trustees