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A trust arises when assets are transferred to trustees who hold them, and the income earned from them,
for the benefit of one or more persons.
A trust is a very useful way of passing down assets without losing control over them.
It can be set up by use of a tax efficient will and can save up to £110,000 of inheritance tax (40% of £275,000, the nil rate band applicable this tax year).
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Interest in possession trusts |
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Discretionary trust |
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Accumulation and Maintenance Trusts |
If you wish to know more about our Trusts and Estates service or would like to arrange a free initial meeting in order
to discuss how we can help you in more detail, please contact us.
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