Our Trust Administration Team are responsible for the administration of around 100 Trusts of different shapes and sizes. This will include the administration of Life Interest Trusts where there is a life tenant entitled to either the income or possession of a property and relevant property trusts (also known as Discretionary Trusts) where there is no particular beneficiary who is entitled to benefit from the Trust Fund.
We are able to produce accounts to monitor the ongoing position for the trust both in terms of income and capital. We diarise important dates and monitor deadlines for tax compliance purposes. In addition we can handle the completion of inheritance tax accounts and income tax returns.
We have trained tax staff with many years experience of tax planning and compliance issues together with a number of solicitors able to advise on both the creation and running of trusts.
