Trusts are a highly specialised area of law which can be extremely complex and there are many reasons why people may make a Trust. By way of example, a Trust could be used in order to minimise your Inheritance Tax liability. If you are married and looking to reduce your Inheritance Tax burden, one of the first things you should consider is updating your Will to include a Nil Rate Band Discretionary Trust.

As well as being a useful tool to minimise your Inheritance Tax liability, a Trust can be an extremely flexible means of providing for your family in difficult circumstances such as caring for a disabled beneficiary who is unable to look after their own finances.

Bell & Buxton has a specialist team which can advise you on all areas of Trust law and Inheritance Tax planning.

Please contact: Sarah Kelsey (assistant’s direct dial 0114 220 2178)
                        Email:  s.kelsey@bellbuxton.co.uk