Trusts

Many people think that the changes brought in by the Government a couple of years ago were the death knell of trusts – well this is not so.

Trusts still have a very important part to play, not only in planning for IHT but in general day to day family life, to protect what the family own.

Minor children can derive income from Grandparent Settlements.

Older children can enjoy benefits without ownership. This is particularly useful with the high divorce rate.

Widows and Widowers can enjoy income without the beneficial right to the capital.

All of these issues and more can be addressed by the use of a trust.

Contact Derek Grove on derekg@nicklins.co.uk or 0121 550 9916 to learn more

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