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Absolute Trust / Bare Trust |
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We’ll Help You Formulate a More Tax Efficient Plan When Bestowing a Financial Gift to Your Loved Ones - Quickly And Easily, Through An Absolute Trust At this very moment, we know that you may be thinking how do I choose the right type of Trust to safe guard my assets whenever gifting them to my children, grand children or partner. If you are certain about who you wish to benefit from the Trust, forgo some flexibility and just aim for the guarantee. This might be time to trust a tried and tested method? Absolute Trusts, also known as a Bare Trust. First you need to consider that if we set up an Absolute Trust for you, your beneficiaries cannot be changed. The money inside this trust cannot ever be claimed back by you and can be demanded by the beneficiaries at age 18 or 16 in Scotland. |
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Related Pages | |||||||||||||||||
Asset Protection Trust helping you protect, what you could easily lose Discretionary Trusts the trustees have 'discretion' about how to use the income received by the trust Absolute Trust a trust for when you are certain about who you wish to benefit Gift & Loan Schemes find out how to reduce your Inheritance Tax liability Wills & Trust remain an important estate planning mechanism for us all |
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