How to Start a Trust Fund in the UK: A Simple Guide

Securing your loved ones’ financial future is a top priority, and creating a trust can be one of the most effective ways to do so. At MP Estate Planning, we understand the importance of protecting assets for beneficiaries and ensuring they are managed and distributed according to your wishes — not left to chance, the courts, or local authority means-testing.

A trust is a legal arrangement — invented in England over 800 years ago — that allows you to safeguard your family’s financial future. By setting up a trust, you can ensure that your assets are protected from inheritance tax (IHT), care fees, divorce, and probate delays. We will guide you through the practical steps to start a trust in the UK, covering the different types, the real-world benefits, and what the process actually involves.

Key Takeaways

• Understand what a trust actually is under English and Welsh law — and why it’s not just for the wealthy.
• Learn the practical steps to set up a trust in the UK, from choosing the right type to selecting trustees.
• Discover how trust planning can protect your family home from care fees, IHT, and sideways disinheritance.
• Find out how trust assets bypass probate entirely — giving your family immediate access when it matters most.
• Understand the real costs involved, which are far less than most people expect.

Understanding Trust Funds

Trusts are a vital tool in estate planning, offering a proven way to protect and distribute your wealth according to your wishes. A trust fund is a legal arrangement where one or more trustees hold and manage assets on behalf of named beneficiaries. Crucially, a trust is not a separate legal entity — the trustees are the legal owners of the assets, but they must manage them for the benefit of the beneficiaries, not themselves.

What is a Trust Fund?

A trust is established when a settlor (the person creating the trust) transfers assets into the trust by way of a trust deed. The trustees then become the legal owners and manage those assets for the benefit of the beneficiaries. The settlor’s instructions — set out in the trust deed — determine how the assets are managed, who benefits, and under what circumstances distributions are made. This arrangement provides a flexible and secure way to manage wealth across generations, and it’s the foundation of English property law going back to the medieval period.

Types of Trust Funds Available

There are several types of trusts available under English and Welsh law, each with its own characteristics and tax treatment. The primary distinction is between lifetime trusts (created during your lifetime) and will trusts (which only take effect on your death). Within those categories, the main types include:

• Discretionary Trusts: By far the most common and flexible type — used in around 98-99% of family trust planning. Trustees have absolute discretion over how to distribute income and capital among the beneficiaries. No beneficiary has a fixed right to anything, which is precisely what provides protection against care fee assessments, divorce claims, and creditors. Discretionary trusts can last up to 125 years.
• Bare Trusts: The simplest form of trust. The beneficiary has an absolute right to the capital and income once they reach 18 (or 16 in Scotland). Because the beneficiary can demand the assets at any time once they reach majority — a principle established in the case of Saunders v Vautier — bare trusts offer no IHT advantage and no protection against care fees or divorce. They are mainly used for holding assets for young children.
• Interest in Possession Trusts: A named beneficiary (the life tenant) has the right to the income from the trust assets — or the right to use them (e.g., live in the property) — but not the capital itself. When the life tenant dies, the capital passes to the remainderman (the capital beneficiary). These are commonly used in will trusts to prevent sideways disinheritance — for example, ensuring a surviving spouse can live in the family home but cannot divert it away from the children of the first marriage. Post-March 2006 interest in possession trusts are generally treated under the relevant property regime for IHT purposes, unless they qualify as an immediate post-death interest (IPDI) or disabled person’s interest.
• Settlor-Interested Trusts: Where the settlor or their spouse can benefit from the trust. HMRC treats the income and gains as the settlor’s for tax purposes, and the assets remain in the settlor’s estate for IHT. A revocable trust is always settlor-interested, which is why revocable trusts offer no IHT benefit whatsoever.
• Accumulation Trusts: Where trust income is accumulated within the trust rather than being distributed to beneficiaries. In practice, most discretionary trusts include accumulation powers as standard.

Understanding the different types of trusts is crucial when considering setting up a trust. The right choice depends on your specific objectives — whether that’s protecting the family home from care fees, reducing IHT, preventing sideways disinheritance, or providing for vulnerable beneficiaries. A specialist in trust law can help you identify the right structure for your circumstances.

Benefits of Setting Up a Trust Fund

Establishing a trust can be one of the smartest decisions you make for your family’s financial future. By setting up a trust, you can ensure that your assets are protected from multiple threats — not just managed, but genuinely shielded from IHT, care fees, divorce, and the delays of probate.

Tax Advantages

One of the primary benefits of setting up a trust is the potential for inheritance tax efficiency. IHT is currently charged at 40% on the taxable estate above the nil rate band (NRB) of £325,000 per person. The NRB has been frozen since 2009 and is confirmed frozen until at least April 2031 — meaning that with the average home in England now worth around £290,000, ordinary homeowners are increasingly being caught by IHT. This is the number one reason why trusts are no longer just for the wealthy.

An irrevocable lifetime trust — specifically a discretionary trust where the settlor is excluded as a beneficiary — can remove assets from your estate for IHT purposes. Transfers into a discretionary trust are chargeable lifetime transfers (CLTs), but if the value transferred is within the available NRB (£325,000 per person), there is no entry charge at all. If the settlor survives seven years, taper relief can further reduce any tax due — though it’s important to note that taper relief only applies where the cumulative value of CLTs exceeds the NRB. For married couples, careful planning can preserve the full combined allowance of up to £1,000,000 (£650,000 in nil rate bands plus £350,000 in residence nil rate bands). Trusts are tax-efficient planning tools that work within the law — they ensure you don’t pay more IHT than you legally need to.

To understand more about how trusts can be used for inheritance tax planning, you can refer to our detailed guide.

Asset Protection

Trusts provide powerful asset protection. When assets are held in a properly structured discretionary trust, no individual beneficiary legally “owns” them. This is the key principle that makes trusts effective. If a beneficiary faces a divorce, the trust assets are not automatically considered matrimonial property — the beneficiary can truthfully say they don’t own the house or the investments. As Mike Pugh puts it: “What house? I don’t own a house.” The same principle applies to creditor claims and, crucially, to local authority care fee assessments. With residential care currently costing £1,100-£1,500 per week (and higher in London and the South East), and between 40,000 and 70,000 homes sold annually to fund care, asset protection is no longer a luxury concern — it’s a practical necessity for ordinary families. In England, if your capital exceeds £23,250, you are classed as a self-funder and must pay for your own care. A discretionary trust, set up well in advance, can help ensure the family home is not included in that assessment.

Control Over Wealth Distribution

Another significant advantage of establishing a trust is the control it offers over wealth distribution. With a discretionary trust, your trustees can decide how and when assets are distributed, taking into account the changing circumstances of your beneficiaries. This is particularly valuable for providing for minor children, beneficiaries with special needs, or family members who may not be able to manage a large inheritance responsibly. You can also provide a letter of wishes — a non-binding but highly influential document that guides your trustees on your intentions without creating rigid legal obligations. The letter of wishes can be updated at any time, giving you ongoing influence over how the trust is managed.

By placing assets in trust, you also bypass probate delays entirely. When a person dies, all assets held in their sole name are frozen until the Probate Registry issues a Grant of Probate (or Letters of Administration under intestacy). This process typically takes 3-12 months, and longer where property is involved — sometimes 9-18 months in total. During that time, bank accounts are locked, bills go unpaid, and beneficiaries wait. Your will also becomes a public document once the Grant is issued, meaning anyone can obtain a copy. Trust assets, by contrast, are already legally owned by the trustees — they can act immediately, without waiting for any court process, and the trust deed remains a private document.

Who Can Set Up a Trust Fund?

Anyone over 18 with legal capacity can set up a trust, regardless of their financial status or background. Trusts are not just for the rich — they’re for the smart. The idea that you need millions in the bank to benefit from a trust is one of the biggest myths in estate planning.

When considering creating a trust, it’s important to understand that the process is accessible to a wide range of people. If you own a home, have savings, or want to protect assets for your family, a trust could be the right solution.

Individuals and Couples

For individuals and couples, establishing a family trust is one of the most effective steps in protecting their wealth. It allows for assets to be managed and distributed according to their wishes, while shielding those assets from IHT, care fees, and the consequences of divorce or remarriage.

Some key benefits for individuals and couples include:

• Control over how and when assets are distributed to beneficiaries
• Protection of the family home — currently worth around £290,000 on average in England — from being sold to fund care
• IHT efficiency, with the potential to preserve the full nil rate band (£325,000 per person, £650,000 for a couple) and the residence nil rate band (£175,000 per person, £350,000 for a couple) — a combined maximum of £1,000,000
• Prevention of sideways disinheritance if a surviving spouse remarries
• Keeping families wealthy strengthens the country as a whole — and not losing the family money provides the greatest peace of mind above all else

Charitable Organisations

Charitable organisations can also establish trusts. By setting up a charitable trust, organisations can manage donations effectively, ensuring that funds are used for their intended purposes and benefit from specific tax reliefs.

Charitable trusts offer several advantages, including:

• Enhanced control over charitable giving and its application
• Tax benefits — including a reduced IHT rate of 36% on the wider estate if 10% or more of the net estate is left to charity
• The ability to support specific causes over the long term

The process of setting up a trust is accessible to a wide range of individuals and organisations. Whether you’re a homeowner looking to protect your family’s future or a charitable organisation aiming to make a lasting impact, a trust can be a powerful tool in achieving your goals. The cost of setting up a straightforward trust starts from around £850 — roughly equivalent to one week’s care home fees — making it one of the most cost-effective forms of financial protection available.

Steps to Start a Trust Fund

Starting a trust in the UK involves several key steps that require careful consideration. We will guide you through these steps to ensure that your trust is set up correctly and delivers the protection your family needs.

Determine Your Goals

The first step in setting up a trust is to determine what you’re trying to protect against. What are the specific threats to your family’s wealth? At MP Estate Planning, we use our proprietary Estate Pro AI software to perform a 13-point threat analysis — identifying every potential risk to your estate. Common objectives include protecting the family home from care fees, reducing IHT, preventing sideways disinheritance, and shielding assets from a beneficiary’s divorce or creditors. Clearly defining your objectives will determine which type of trust is right for you.

To illustrate, let’s consider a few real-world examples:

• A couple in their 60s who want to protect their £350,000 home from being sold to fund future care — while continuing to live there. A Family Home Protection Trust (Plus) could protect the home while preserving the residence nil rate band.
• Parents who want to ensure their children inherit the family home even if the surviving spouse remarries — an interest in possession will trust can prevent sideways disinheritance.
• A homeowner with a buy-to-let property who wants to remove it from their estate for IHT purposes — a Settlor Excluded Asset Protection Trust can achieve this without triggering the gift with reservation of benefit rules.

Choose the Right Type of Trust

Once you have determined your goals, the next step is to choose the right type of trust. The correct choice depends entirely on your circumstances — there is no one-size-fits-all solution. The most common types for family estate planning include:

Select a Trustee

Selecting trustees is a critical step in the trust creation process. The trustees are the legal owners of the trust assets and are responsible for managing them in the best interests of the beneficiaries. You need a minimum of two trustees, and the settlor can be one of them — which means you remain involved in the management of your own assets.

When choosing trustees, consider the following factors:

• Their ability to manage financial and administrative responsibilities — including keeping records and filing the annual trust tax return (SA900) with HMRC.
• Their understanding of your goals, wishes, and family dynamics.
• Their willingness to act and their availability over the long term — a trust can last up to 125 years.
• Whether a clear process exists in the trust deed for removing and replacing trustees if circumstances change.

By carefully following these steps and working with a specialist in trust law, you can ensure that your trust is set up effectively and achieves its intended purpose. As Mike Pugh often says: the law — like medicine — is broad. You wouldn’t want your GP doing surgery. Use a specialist.

Legal Requirements for Trust Funds in the UK

When setting up a trust, it’s essential to understand the legal framework that governs trusts in England and Wales. Getting this right from the outset ensures the trust is valid, effective, and delivers the protection you’re planning for.

Trust Deed Essentials

The trust deed is the founding legal document that creates the trust. It sets out the terms and conditions under which the trust operates, including the powers of the trustees, the classes of beneficiaries, and the rules governing distributions of income and capital. A well-drafted trust deed is the foundation of everything — if it’s poorly worded or uses generic templates, the trust may fail to deliver the protection you need.

Key elements that should be included in the trust deed are:

• The identity of the settlor (the person creating the trust) and the initial trustees
• The classes of beneficiaries — in a discretionary trust, these are typically defined broadly (e.g., “the settlor’s children and remoter descendants”) rather than naming specific individuals, which gives maximum flexibility
• The assets being settled into the trust (or a mechanism for adding assets later)
• The powers and duties of the trustees — including standard and overriding powers that give trustees defined flexibility without making the trust revocable
• The rules for distributing income and capital, and the maximum duration of the trust (up to 125 years in England and Wales)

Registration Requirements

All UK express trusts — including bare trusts — must be registered on HMRC’s Trust Registration Service (TRS) within 90 days of creation. This requirement was introduced under the 5th Money Laundering Directive and applies regardless of whether the trust has a tax liability. The TRS register is not publicly accessible (unlike Companies House), so the details of your trust remain private.

In addition to TRS registration, if the trust generates taxable income or gains, the trustees must file an annual trust tax return (SA900) with HMRC. Where property is being transferred into the trust, a restriction should be registered at the Land Registry using Form RX1 to protect the trust’s interest in the property. The Land Registry allows up to four trustees to be named on a property title.

By understanding and complying with these legal requirements — and working with a specialist who handles trust creation regularly — you can ensure that your trust is set up correctly and stands up to scrutiny from HMRC, local authorities, or any other party.

Choosing the Right Trustee

When setting up a trust, choosing your trustees is one of the most important decisions you’ll make. The trustees are the legal owners of the trust assets and carry a fiduciary duty to manage them in the best interests of the beneficiaries — not for their own benefit.

Characteristics of a Good Trustee

A good trustee should possess certain qualities to effectively manage the trust over what could be a very long period. These include:

• Integrity: A trustee must act with honesty, impartiality, and in accordance with the trust deed. They owe a duty of care to all beneficiaries.
• Competence: They should be capable of understanding the trust’s terms, managing administrative obligations, and making sound decisions.
• Financial Awareness: Trustees need to understand the financial implications of their decisions — from investment management to tax reporting obligations such as filing the annual SA900 return with HMRC.
• Ability to Manage Conflicts: A trustee should be able to act fairly between beneficiaries with competing interests — particularly in blended families or situations where circumstances change over time.

Remember: you need a minimum of two trustees, and the settlor can be one of them. This means you can remain directly involved in managing the trust assets during your lifetime.

Professional Trustees vs. Family Members

When deciding on trustees, you have the option of choosing professional trustees or family members. Both have their advantages and disadvantages, and the right choice depends on your circumstances.

Professional trustees — such as solicitors or trust companies — bring expertise in trust administration, tax compliance, and legal obligations. They can provide objective decision-making and continuity over the long life of the trust. However, professional trustees charge ongoing fees, which can add up over decades and eat into the trust’s value.

Family members, on the other hand, often have a deeper understanding of the family’s dynamics, the settlor’s wishes, and the beneficiaries’ needs. They are typically more cost-effective and more personally invested in the outcomes. However, they may lack specialist knowledge and could face conflicts of interest — particularly in blended families.

For most families, a combination works well: appointing trusted family members as trustees, with a well-drafted trust deed that includes clear processes for removing and replacing trustees if needed, and a letter of wishes that provides guidance on the settlor’s intentions. This gives you practical control without the ongoing cost of professional trustees.

How to Fund Your Trust

Once you’ve established your trust, the next step is to transfer assets into it. A trust without assets is just a piece of paper — the funding process is what brings the trust to life and activates the protections it provides.

The assets you can transfer and the method of transfer will depend on the type of trust, the nature of the assets, and your overall trust planning objectives.

Cash Contributions

The simplest way to fund a trust is through cash contributions. You can transfer money directly into the trust’s bank account, which the trustees can then manage or invest in accordance with the trust deed.

Cash transfers into a discretionary trust are classified as chargeable lifetime transfers (CLTs) for IHT purposes. However, the first £325,000 (the nil rate band) is tax-free. For most families, this means there is no entry charge at all. Only amounts exceeding the available NRB attract an immediate charge of 20%. It’s worth noting that this is different from gifts to individuals, which are potentially exempt transfers (PETs) and fall out of the estate entirely if the donor survives seven years. With CLTs into discretionary trusts, the 20% entry charge applies immediately on any excess above the NRB — but for the vast majority of family trusts, the values involved mean no charge arises.

Assets and Investments

In addition to cash, you can fund your trust with a range of assets and investments. These can include:

• Residential property (your family home or buy-to-let properties)
• Stocks, shares, and other investment portfolios
• Business interests
• Life insurance policies — placing a life insurance policy into trust (using a Life Insurance Trust) ensures the payout goes directly to your beneficiaries without being subject to 40% IHT. These trusts are typically free to set up.

The method of transferring property into trust depends on whether there is a mortgage. For an unmortgaged property, the legal title is transferred to the trustees using a TR1 form at the Land Registry (which can hold up to four trustees on a property title). Where there is an outstanding mortgage, only the beneficial (equitable) interest is transferred via a declaration of trust — the legal title remains with the mortgagor because the lender’s consent is required for a full legal transfer. Over time, as the mortgage reduces and the property value grows, an increasing proportion of the value sits within the trust. This distinction between legal and beneficial ownership is the foundation of English trust law — the very concept England invented over 800 years ago.

Transferring your main residence into a trust does not normally trigger a capital gains tax (CGT) charge, because principal private residence relief applies at the point of transfer. For other assets, holdover relief may be available, deferring any CGT until the trustees eventually dispose of the asset.

Not losing the family money provides the greatest peace of mind above all else. The key to effective trust planning is ensuring the trust is properly funded with the right assets, matched to your specific objectives and family circumstances.

By funding your trust correctly from the outset, you activate the protections it provides — from IHT efficiency to care fee shielding — and ensure long-term financial security for your beneficiaries.

Understanding Trust Fund Taxation

When establishing a trust in the UK, understanding the tax implications is crucial for effective trust fund management. Trusts are subject to their own tax rules — separate from both the settlor and the beneficiaries — and getting this right from the start is essential for compliance with HMRC.

Here’s what you need to know about the main taxes that apply to trusts in England and Wales.

Income Tax on Trust Funds

Trustees are responsible for reporting the trust’s income to HMRC (via the SA900 trust tax return) and paying any tax due. The rates that apply depend on the type of trust and the nature of the income:

• Discretionary trusts pay income tax at 45% on non-dividend income and 39.35% on dividend income. The first £1,000 of trust income is taxed at the basic rate (20% for non-dividends, 8.75% for dividends).
• Bare trusts are taxed as if the income belongs to the beneficiary — so the beneficiary’s own tax rates and allowances apply.
• Interest in possession trusts: the income is treated as belonging to the life tenant and taxed at their marginal rate.

To illustrate the key income tax rates for discretionary trusts:

Capital Gains Tax Implications

Trusts are also subject to capital gains tax (CGT) on the disposal of assets. For trusts, the CGT rates are 24% for residential property and 20% for other assets. The annual exempt amount for trusts is half the individual level — currently £1,500.

However, there are important reliefs that can significantly reduce or defer CGT. When you transfer your main residence into a trust, principal private residence relief normally means no CGT is payable at that point. Holdover relief may also be available when assets are transferred into or out of certain trusts, meaning no immediate CGT charge arises — the gain is deferred until the trustees eventually sell the asset.

For more information on setting up a trust, you can visit our guide on how to start a trust for a child.

Effective trust planning involves understanding these tax implications from the outset. With the right structure and specialist advice, the tax costs of running a trust are typically modest — and far outweighed by the IHT savings, care fee protection, and probate bypass that a trust provides.

Managing a Trust Fund

Managing a trust requires ongoing attention and a clear understanding of trustee responsibilities. As trustees, you have a fiduciary duty to manage the trust assets prudently, make distributions to beneficiaries in accordance with the trust deed, and comply with all regulatory requirements — including HMRC reporting and Trust Registration Service obligations.

Ongoing Responsibilities of a Trustee

Trustees have several key responsibilities, including:

• Managing trust assets prudently and in accordance with the trust deed’s investment powers and the general duties imposed by law.
• Making distributions to beneficiaries — in a discretionary trust, this means exercising your discretion fairly, guided by the settlor’s letter of wishes.
• Maintaining accurate records of all trust transactions, decisions, and distributions.
• Ensuring the trust remains registered on HMRC’s Trust Registration Service (TRS) and that the information held is kept up to date.
• Filing the annual trust tax return (SA900) with HMRC and paying any income tax or CGT due.

Regular Reporting and Compliance

Regular reporting is essential for transparency and compliance. Trustees must:

• File the SA900 trust tax return annually with HMRC, reporting all trust income and gains.
• Update the TRS register within 90 days of any changes to the trust’s details (e.g., changes in trustees or beneficiaries).
• Keep beneficiaries informed of their interests where appropriate — though in a discretionary trust, beneficiaries have no automatic right to see the trust accounts.
• Review the trust’s arrangements periodically, particularly around the 10-year anniversary, when the periodic charge for discretionary trusts is assessed. The maximum periodic charge is 6% of trust property above the NRB — for most family homes valued below £325,000, this charge is zero.

Here’s an overview of the key responsibilities and compliance requirements for trustees:

Effective trust fund management involves a combination of financial awareness, legal compliance, and administrative diligence. The good news is that for most family trusts — particularly those holding a single property — the ongoing administration is straightforward and manageable.

By understanding and fulfilling these responsibilities, trustees can ensure that the trust operates effectively and delivers the protection that the settlor intended.

Common Misconceptions About Trust Funds

Trust funds are often misunderstood, with many believing they are only suitable for the wealthy or that they are rigid and inflexible. However, the reality is very different. When considering setting up a trust, it’s essential to understand the facts and dispel the common myths that prevent ordinary families from protecting their wealth.

Trust Funds Are Only for the Wealthy

This is perhaps the biggest misconception in estate planning. Trusts are not just for the rich — they’re for the smart. If you own a home (and the average home in England is now worth around £290,000), you have an asset that’s potentially exposed to 40% IHT, care fees of £1,100-£1,500 per week, and the risk of being sold to fund care — with between 40,000 and 70,000 UK homes lost to care fees annually.

A trust can be set up from around £850 — roughly the cost of one week in a care home. When you compare that one-time investment to the potential loss of an entire property, it’s one of the most cost-effective forms of financial protection available.

Trusts can be used to:

• Protect the family home from local authority care fee assessments
• Shield assets from a beneficiary’s divorce — the beneficiary can truthfully say “What house? I don’t own a house”
• Bypass probate delays entirely, giving your family immediate access to trust assets

Trusts Can’t Be Changed Once Established

Another common misconception is that once a trust is established, it’s completely set in stone. While it’s true that irrevocable trusts — the type used for genuine IHT and asset protection planning — cannot simply be cancelled by the settlor (that’s the whole point: the assets must be genuinely outside your control for HMRC to accept they are no longer part of your estate), this doesn’t mean they’re rigid.

Built-in flexibility within irrevocable trusts:

• Discretionary trusts give trustees the power to decide how and when to distribute assets — they can adapt to beneficiaries’ changing circumstances over up to 125 years
• Standard and overriding powers built into the trust deed give trustees defined flexibility — such as the power to add or exclude beneficiaries, appoint capital, or advance funds — without making the trust revocable
• The letter of wishes can be updated at any time by the settlor to reflect changing intentions, providing ongoing guidance to trustees
• Trustees can be removed and replaced through processes set out in the trust deed

It’s also worth noting that revocable trusts exist, but they offer no IHT benefit — HMRC treats the assets as still belonging to the settlor (a settlor-interested trust). For meaningful asset protection and IHT planning, the trust needs to be irrevocable — but that doesn’t mean inflexible.

By understanding the realities of trust planning and dispelling these common misconceptions, families can make informed decisions about protecting their wealth. Whether you’re considering setting up a trust or simply want to learn more, specialist advice is essential — plan, don’t panic.

Seeking Professional Advice

When establishing a trust, working with the right professionals is essential. Creating a trust involves complex legal, tax, and practical decisions — and mistakes can be costly, undermining the very protections you’re trying to put in place.

Expert Guidance for Trust Fund Setup

A specialist estate planning consultant can conduct a thorough analysis of your circumstances — identifying the specific threats to your family’s wealth (IHT, care fees, divorce, sideways disinheritance, probate delays) and recommending the right trust structure to address them. At MP Estate Planning, we use our proprietary Estate Pro AI software to perform a 13-point threat analysis, ensuring nothing is missed. This is very different from a generic will-writing service — the law, like medicine, is broad, and trust planning requires specialist knowledge.

The Importance of Solicitor Involvement

A solicitor with expertise in trust law plays a vital role in drafting the trust deed, ensuring compliance with UK law, and handling the legal formalities — including property transfers (TR1 forms), Land Registry restrictions (RX1), and Trust Registration Service registration. Their involvement ensures the trust is legally sound, properly executed, and will stand up to scrutiny from HMRC, local authorities, or any other party.

The cost of professional trust setup starts from around £850 for straightforward trusts, typically ranging from £850-£2,000+ depending on complexity. MP Estate Planning is the first and only company in the UK that actively publishes all its prices on YouTube, so there are no surprises. When you compare that one-time cost to the potential loss of your home to care fees (currently £1,100-£1,500 per week), or a 40% IHT bill on your estate, professional advice represents exceptional value. Not losing the family money provides the greatest peace of mind above all else.

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