Existing Trusts & The Finance Act 2006

How Should You be Advising Settlors, Trustees and Beneficiaries  Following the Finance Act 2006?

• On existing accumulation and maintenance trusts before 6 April 2008 ?

• On existing life interest trusts before 6 April 2008 ?

• On business and agricultural property relief and lifetime planning ?

• On trusts created under wills ?

For each trust we will undertake a review of the trust deed along with the most recent tax computations.  We will provide you with a short but clear report detailing:

• The nature of the trust,

• The current obligations of the trustees and

• The decisions which all concerned must address before 6 April 2008 during the transitional period. 

• We will also advise on the impact of the relevant property regime on the trust. 

The report will be in a suitable form for it to be used as the basis for a meeting of the trustees and any other interested parties to discuss future strategy.

If you would like to discuss any matters with us or to arrange a meeting please call us on +44 (0)121 483 6850 or click here to contact us.