What else is in this section?
Trusts and Executorships

Trusts and Executorships

Tax planning tools

Trusts are particularly useful for holding shares in private companies as part of a family financial or tax plan - especially if you want to reduce inheritance tax liability in your estate.

They can also be useful for:

  • Providing funds for education, maintenance, etc
  • Restricting access to property by future beneficiaries
  • Providing for people who are incapacitated
  • Gifting to charity

There are four main types of trusts that each receive different tax treatment and can be adapted to many different purposes. Our experts can advise you on a trust that's suited to your purposes.

Contact Alan Mitchell on 01383 628800 or email amitchell@thomsoncooper.com to arrange a free initial consultation.

Alan J. Mitchell

Your Expert

Bsc CA
Partner