UHY Ross Brooke Chartered Accountants

Trusts

What is a trust?

A trust is a way of managing money, investments, land or property and requires a trustee to manage the trust, a settlor to puts the assets into trust and a beneficiary who benefits from the trust.

Are there different types of trust?

Yes, and with differing tax treatment depending upon the exact terms of the trust.

Why set up a trust?

Trusts can be set up to control and manage assets for a number of reasons including:

  • Children or vulnerable adults who cannot manage the assets themselves
  • Protecting family assets
  • Tax planning while you are still alive and also when you die
  • A tax-efficient way of passing on your business to your employees

Is a trust the best solution?

Good question. It depends on what you are trying to achieve or protect, and taking specialist professional advice could save you much heartache, work and even tax later on.

Whether you are exploring if a trust is an appropriate vehicle to mitigate future IHT and keep precious family assets in the bloodline, or maintaining the online trust and estate register and fulfilling the reporting obligations for an established trust, UHY Ross Brooke is well placed to help.

Our services can be tailored precisely to meet your specific needs, whether you are an individual, company or charity.

Trust Areas we cover include:

With experts in tax planning and trust management, we can take the hassle away. Get in touch for an initial free consultation.

 

Next steps

Please get in touch to discuss how we can help you with your trust questions.

What our clients say

If we did not convince you, maybe a few words from our customers will!

5 star review accountantExcellent company. Very professional, efficient and helpful. Very pleasant and friendly to work with. My particular thanks to Rebecca who dealt with my personal tax issues very professionally and was a pleasure to work with.

John N

5/5

An excellent company I have dealt with for the best part of 20 years. Highly recommended.

Super advice, always clear, always patient, and they take the time to understand my needs. great service all round!

Dave H

5/5

Great service from all the team at UHY Ross-Brooke! Always very professional and courteous, it’s a real pleasure to deal with this firm. Phil Kinzett-Evans is extremely knowledgeable and was instrumental in the completion of my EOT. Tracey and Daisy have been a great help through the years with all my tax and vat affairs.

David Klein

5/5

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Newbury: 01635 555666
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Swindon: 01793 610008
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