In an era of ever-increasing complexity in family structures and estate planning considerations, trusts offer a powerful solution to navigate the challenges effectively. From facilitating the distribution of assets within intricate family dynamics to enabling efficient inheritance tax planning, trusts provide individuals with essential tools to secure their legacies. A trust structure can preserve wealth, protect assets and provide for future generations with clarity and confidence.

Navigating complex family structures: Modern families often consist of blended families, step-children and other non- traditional relationships. In such cases, it can be challenging to ensure everyone’s needs and interests are met during the estate planning process. By creating a trust, individuals can devise specific instructions on how their assets should be distributed and managed.

Efficient Inheritance Tax Planning: Inheritance tax can be a significant consideration when planning for the transfer of wealth to future generations. Trusts offer a valuable tool for managing inheritance tax effectively and potentially reduce the taxable estate.

Asset Protection: Another advantage of trusts lies in their ability to offer robust asset protection. Trusts can protect assets from various risks, including potential claims from creditors, divorces and spendthrift beneficiaries. By placing assets in a trust, individuals can create a legal shield, safeguarding their wealth for future generations.

Privacy and Confidentiality: Unlike wills, trusts offer greater privacy and confidentiality. When a will passes through probate, it becomes a public document. Trusts, on the other hand, generally remain private, allowing inheritances to be distributed discreetly. This added layer of privacy provides individuals with greater control over their personal and financial matters, enabling them to protect their family’s privacy and minimise potential disputes.

During your consultation. Jade will help guide you towards the most suitable trust options, ensuring a customised approach that addresses your individual needs.