Family Trust Funds
Family Trust Funds
Most new clients are initially unaware of the substantial savings we achieve by setting up and managing their family trust fund.
We’re Chartered Accountants, we’ll help you better preserve your hard-earned wealth because you’ll receive comprehensive, tailored trust fund advice – for your specific needs.
We’ll help you optimise your financial situation across a wide range of alternatives.
We start by getting to know you and understanding your financial goals, family objectives and lifestyle.
Trust Fund Creation and Management
We’ll help you set up a trust fund to:
- Protect personal and business assets from:
- Taxes such as inheritance tax (IHT) and capital gains tax (CGT)
- Care home fees
- Unwanted external influences
- Provide a secure income stream for the vulnerable and disabled without giving them responsibility for their assets.
- Hold assets for minors or vulnerable loved ones who can still benefit from the assets.
- Protect employee ownership.
Types of Family Trust
We’ll help you create the type of trust that best matches your requirements:
- Bare Trusts – to protect disabled or vulnerable individuals (they are not used for tax purposes).
- Income-in-possession trusts – to provide income to your beneficiaries, but your capital is not made available to them.
- Discretionary Trusts – managed at the complete discretion of your trustees.
Trust Fund Management and Accounting Services
In order to make your life easier, we offer a full range of trust fund management and accounting services – everything from bookkeeping to management accounts.
Family Trust Fund Senior Tax Team
J Stuart Thomson MA CA FCT ATT MCSI
Group Managing Director
- Chartered Accountant (Institute of Chartered Accountants of Scotland).
- Associate Chartered Accountant (Institute of Chartered Accountants of England and Wales).
- FCT – Fellow of the Association of Corporate Treasurers.
- MCSI – Member of the Chartered Institute of Securities and Investments
- ATT – Association of Tax Technicians.
Karen Stone FCCA
Senior Enquiries Lead – Accountancy and Tax Advisory Services
- Fellow of the Chartered Institute of Certified Accountants (FCCA)
- Member Association of Accounting Technicians (MAAT)
- Advises owner-managed businesses, personal tax and trust clients.
- Works with our tax and accounts departments in an advisory role.
Ian Dodge ATT
Senior Tax Manager
- Association of Taxation Technicians (ATT).
- Certified in Probate and Estate Administration.
- Ian leads our tax advice services.
- Over 20 years of experience, he previously worked for HMRC.
- Provides technical tax support for tax barristers.
Peter Briant CTA
Tax Manager
- Chartered Tax Advisor with 20 years experience.
- HM Revenue and Customs (HMRC) Inspector of Taxes.
- Has worked in tax strategy, tax investigations, large business, public sector, personal tax and corporation tax.
- Represented HMRC in discussions with foreign fiscal tax authorities.
Next Step
Contact us to discuss creating or managing your family trust funds. You’ll be pleased you did.