Creating a trust is a useful way to ensure that assets are set aside for your beneficiaries, outside the scope of inheritance tax.
Depending on the type of trust you have, they can be used to fund your children’s education and maintenance, or provide for those who are mentally or physically incapacitated.
Anderson Phillips have in depth knowledge in regard to advising on the most suitable type of trust to suit your circumstances, setting up trusts and assisting individuals with the accountancy issues surrounding trusts.
To find out how we can help you, please get in touch with our team.