Inheritance tax savings can be achieved through the use of trusts and discretionary trusts.

Trusts can also have other uses:

• To provide flexibility as to when and how beneficiaries receive capital
• To retain an element of control over assets
• To protect assets
• To hold funds for disabled persons
• To hold business property in the context of succession to the business
• To ensure that life policy proceeds will not be subject to inheritance tax

Our Trusts & Lifetime Settlements team can advise on the creation and administration of Discretionary Trusts, Life Interest Trusts, Insurance Trusts and Charitable Trusts.