Each trust brings its own specific challenges, among them tax implications. The right advisers are crucial in supporting settlors, beneficiaries and trustees to navigate the complexities.
We have a dedicated trust team, acting for hundreds of trusts, bringing considerable experience to each one. Like our wider tax consultancy team, our clients often include other tax and legal professionals looking for solutions to their own clients’ complex trust problems.
Our specialists focus on what is relevant, building an understanding of each trust’s unique circumstances, exploring ideas and solutions. By providing bespoke support, we enable your trust to support settlors, trustees and beneficiaries as effectively as possible.
Our trust experts work closely with BKL’s other tax consultants and private client specialists to provide a comprehensive service that covers inheritance tax (IHT), capital gains tax (CGT) and other areas that are integral to succession and estate planning.
BKL’s services for trusts include:
If you’ve recently taken over responsibility for a long-established trust, either as a trustee or a professional adviser, you may be facing challenges.
It could be that previous advisers haven’t fully passed on their knowledge of the trust’s particular complexities. This could be compounded if the trust deeds were badly written and are difficult to understand.
To support you in your understanding of the trust, we offer a review service. By giving your trust deeds a ‘health check’, we can provide insights into the trust’s unique circumstances. We would then be able to give you focused, bespoke guidance – helping to ensure that the trust is as effective and efficient as possible and meeting the family’s particular requirements.
For more information or help from one of our trust specialists, please get in touch using our enquiry form.
