Protection for the future

Many people assume that trusts are used only by the very wealthy, but this isn’t true. In fact, there are a number of situations in which setting up a trust can be useful. Often used in conjunction with a Will, some of the most common are:

  • To provide for a husband or wife after death while protecting the interests of the family
  • To protect the inheritance of young children until they are old enough to take responsibility for their own financial affairs
  • To protect assets for future generations - typically in landed estates
  • To provide for vulnerable relatives who are unlikely to be able to look after their own affairs
  • To facilitate succession planning in family businesses
  • As part of a tax planning strategy

PM+M has a number of experts who work in this field, including several members of the Society of Trust and Estate Practitioners (STEP). Our specialist tax and wealth management teams are also on hand to guide you through the associated complexities of setting up a trust and to advise you on protecting and investing your funds.

jane parry