PERSONAL

Trusts - Formation & Administration

Trusts are extremely useful in many areas: e.g. protecting assets where the beneficiaries are minors or mentally disabled or utilising the current tax regime to best advantage among members of the family. Every client's circumstances are individual and need careful assessment by specialists to select the correct arrangement.

Fletcher & Lawson can assist with the setting up and administration of all types of trust. Apart from the trusts set up during a person's lifetime, other trusts may occur:

• On death under a will
• Under the Intestacy rules
• On a charitable basis

Our services in this area include:

• Partners acting as trustees
• Preparation of annual accounts
• Dealing with returns of income and capital gains to the Inspector of Taxes
• Advising in connection with distribution of income and capital
• Arranging for investment advice on trust portfolios
• Advising on variations of trusts