Placing your trust

Much is written and said about the use of trusts, but the core added benefits are sometimes overlooked. The Finance Act 2006 raised the profile of trusts as the Government radically changed the rules. However, the key benefits remain untouched. Often financial planning focuses on the price or possible return, but invariably there is much more to it than this. The use of trusts will provide potential tax benefits, but what they can also do is deliver peace of mind and certainty. The role of financial advice here is crucial. There are various reasons why a trust may be used or recommended...