Why set up a trust?
There are lots of different reasons why you might want to put
your money into
trust. However, they all have one thing in common - they can save tax
and benefit those you leave behind.
Trusts are useful for:
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Making arrangements for your family, and future additions,
because you never know what's around the corner
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Helping with tax planning to reduce your liability,
especially for Inheritance Tax (IHT)
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Making gifts - you can specify at what age and in what
circumstances your intended beneficiaries can have them
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Protecting assets if you don't want the beneficiary to have
full control of them
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Don't let the taxman take it
One way to reduce your IHT bill is to give away assets while
you're alive. This could be as an outright lifetime gift, but that's not always
appropriate. Another way is to create a trust, so you can give assets away but
retain flexibility over who will benefit from the assets and when. Come and
talk to us for full information.
The Barclays Trustee Service is only appropriate for clients
domiciled in England and Wales and where the Trust is to be created in
accordance with English Law.
* Lines are open Monday to Friday, 9am – 5pm.
Calls may be monitored or recorded.
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