Family Trusts
Family trusts offer asset protection along with an efficient method for providing financial support to you and your family.
We have extensive experience and so are able to offer specialist advice on the advantages and disadvantages of trusts, taxation issues and ongoing trust administration. Poorly run trusts can cease to be effective and can even expose trustees to the risk associated with breach of fiduciary duty. We help ensure that all statutory requirements are met and can discuss the implications of a variety of transactions with the trustees.
We are able to:
- Work with you and your legal advisors to ensure that the documentation involved in forming a new trust is effective in meeting your particular needs.
- Ensure that the trustees obligations for record keeping are met and provide you with appropriate financial reports
- Advise on the tax effect of transactions between the trust, its settlors and its beneficiaries and assist you to maximise your wealth through the use of the most appropriate structure.
- Provide advice on the treatment of trusts in relation to international tax
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