SJP Trusts
A Trust places the right money, in the right hands, at the right time. They provide the flexibility, creativity and control that a will alone might not.
You could be forgiven for thinking that estate planning is about what happens to your assets after your death. And whilst to a certain extent, that is true, it’s also about organising your wealth now to ensure you maximise its effectiveness – whether that’s to safeguard and benefit your loved ones, or minimise the impact of taxation.
Reasons for using a Trust
Providing wealth for future generations and earmarking funds for specific family members.
Preserving wealth which may otherwise be diluted due to divorce or bankruptcy of a beneficiary.
Mitigating Income Tax, Capital Gains Tax, or Inheritance Tax (IHT).
Avoiding delays in obtaining a Grant of Probate.
Say for example you want to make a gift to a minor or someone you do not believe is sufficiently responsible, you may prefer to retain some control over it either until the beneficiary reaches a certain age or until you decide that the recipient is sufficiently mature.
This can be achieved by using a suitable Trust.
The levels and bases of taxation and reliefs from taxation can change at any time. Tax relief is dependent on individual circumstances.
Trusts are not regulated by the Financial Conduct Authority.
