If you own a home in the UK, protecting your family’s wealth is almost certainly on your mind. One of the biggest threats to that wealth is Inheritance Tax (IHT) — charged at 40% on everything above the threshold, it can take a significant chunk of what you’ve worked a lifetime to build.
Placing property into a trust is one of the most effective and time-tested strategies for reducing this tax burden. England invented trust law over 800 years ago, and trusts remain the cornerstone of sensible estate planning today. In this guide, we explore how trusts work, the specific IHT reliefs available, and how UK families can use them to keep more of their assets within the family.
Effective estate planning isn’t just for the wealthy — it’s for the smart. By understanding how trusts interact with Inheritance Tax, you can make informed decisions that protect your family for generations to come.
Key Takeaways
- Understand how trusts can reduce your family’s Inheritance Tax liability — potentially to zero.
- Learn practical estate planning strategies built around English and Welsh trust law.
- Discover how placing property in trust protects against care fees, divorce, and family disputes.
- Get to grips with the nil rate band, residence nil rate band, and the seven-year rule.
- Find out why early planning is critical — and what happens if you leave it too late.
Understanding Inheritance Tax and Trusts
Understanding how Inheritance Tax and trusts interact is the foundation of effective estate planning in England and Wales. IHT is often the single largest threat to a family’s wealth, and trusts are the single most powerful tool for managing it — but only when set up correctly and with proper specialist advice.
What is Inheritance Tax?
Inheritance Tax is charged on the estate of a deceased person, including their property, savings, investments, and personal possessions. The tax is levied at 40% on the value of the estate above the nil rate band (NRB), which has been frozen at £325,000 per person since April 2009 — and is confirmed frozen until at least April 2031. That freeze, combined with rising property prices, means that ordinary homeowners are increasingly caught by IHT. The average home in England is now worth around £290,000, which means even a modest estate with a home and some savings can easily breach the threshold.
| Estate Value | Inheritance Tax Liability |
|---|---|
| £325,000 or below | £0 (within the nil rate band) |
| £500,000 | £70,000 (40% on £175,000 above £325,000) |
| £600,000 | £110,000 (40% on £275,000 above £325,000) |
Note: The residence nil rate band (RNRB) of £175,000 may also apply if a qualifying home is left to direct descendants — potentially reducing these figures further. Understanding these thresholds is the first step in planning. We can help you navigate these complexities.
How Do Trusts Work in the UK?
A trust is a legal arrangement — not a legal entity — where assets are held by trustees for the benefit of named beneficiaries. The trustees are the legal owners of the trust property, but they must manage it according to the terms of the trust deed and in the best interests of the beneficiaries. In the context of IHT, trusts can be used to move assets outside your taxable estate, meaning they are no longer counted when HMRC calculates the tax due on death. Crucially, trust assets also bypass the probate process entirely — trustees can act immediately without waiting months for a Grant of Probate.
The key types of trust used in UK estate planning include:
- Discretionary trusts: Trustees have absolute discretion over who benefits, when, and how much. This is the most common and most protective type, used in approximately 98–99% of family trust planning. No beneficiary has a fixed right to income or capital — which is precisely what provides protection against care fee assessments, divorce claims, and bankruptcy.
- Interest in possession trusts: An income beneficiary (life tenant) receives the income or use of trust property during their lifetime, with the capital passing to a remainderman afterwards. Commonly used in will trusts to prevent sideways disinheritance.
- Bare trusts: The beneficiary has an absolute right to the capital and income at age 18. The trustee is simply a nominee. These are NOT IHT-efficient and offer no protection against care fees, divorce, or creditors — because the beneficiary can demand the assets at any time under the principle in Saunders v Vautier.
Effective trust administration — including registration on the Trust Registration Service (TRS) within 90 days of creation — is crucial for achieving the desired outcomes and ensuring compliance with HMRC requirements.
The Role of Trusts in Inheritance Tax Planning
For families across the UK, trusts are one of the most effective tools for managing Inheritance Tax. A properly structured trust allows you to move assets — particularly your family home — outside your taxable estate, so that more of your wealth passes to your loved ones rather than to HMRC.
Types of Trusts Available
The primary classification of trusts in England and Wales is whether they take effect during your lifetime (a lifetime trust) or on your death through your will (a will trust). Within those categories, the main operational types are:
- Discretionary trusts: Trustees have absolute discretion over distributions to beneficiaries. No beneficiary has a fixed entitlement, which means the trust assets cannot be targeted by a beneficiary’s creditors, divorcing spouse, or a local authority assessing care fees. Discretionary trusts can last up to 125 years.
- Interest in possession trusts: A life tenant receives income or use of the trust property (for example, the right to live in a house) while the capital is preserved for the next generation. Particularly useful in will trusts to protect against sideways disinheritance in second-marriage situations.
- Bare trusts: The beneficiary has an absolute right to the trust assets at age 18. While simple, they offer no meaningful IHT planning benefit and no protection whatsoever — the beneficiary can collapse the trust and take the assets outright at any time after reaching majority.
Choosing the right type of trust depends on your specific family circumstances, the value and type of assets involved, and your planning objectives. For most families, a discretionary lifetime trust offers the best combination of flexibility, control, and protection.
Benefits of Using Trusts for Property
Placing property into a trust offers several powerful advantages for UK families. Most importantly, it can remove the property from your taxable estate for IHT purposes, potentially saving your family tens or even hundreds of thousands of pounds. But IHT reduction is only one benefit — trusts also provide protection against care fees (which currently average £1,200–£1,500 per week and can consume an entire estate), divorce settlements (with the UK divorce rate sitting at around 42%), and financial mismanagement by beneficiaries.
Trust assets also bypass probate entirely. When someone dies, all assets held in their sole name are frozen — bank accounts, property, investments — until a Grant of Probate is issued. That process typically takes 3–12 months, and longer if property needs to be sold. Assets held in trust, by contrast, remain under the trustees’ control and can be managed immediately without any court involvement or delays.
The benefits of using trusts for property can be summarised as follows:
| Benefit | Description |
|---|---|
| Reduced Inheritance Tax | Assets held in an irrevocable discretionary trust are outside your estate. If the settlor survives seven years after the transfer, the assets fall completely outside IHT. |
| Asset Protection | In a discretionary trust, no beneficiary has a fixed entitlement — so trust assets cannot be claimed by creditors, divorcing spouses, or local authorities assessing care fees. |
| Bypass Probate Delays | Trust assets are not frozen on death. Trustees can act immediately, avoiding the months of delay and asset freezing that come with the probate process. |
| Flexibility | Discretionary trusts allow trustees to respond to changing family circumstances over up to 125 years, distributing assets when and where they’re most needed. |
By understanding the role of trusts in inheritance tax planning, you can make informed decisions about your estate — ensuring that your assets are protected and distributed according to your wishes, not dictated by HMRC, the probate process, or a local authority care assessment.
Setting Up a Property Trust
Establishing a property trust is one of the most important steps you can take to protect your family’s financial future. While it requires specialist legal advice, the process itself is well-established — England invented trust law over 800 years ago, and the legal framework is robust and well-understood.
Key Steps to Establishing a Trust
To set up a property trust, you’ll need to follow these key steps:
- Choose the right type of trust for your circumstances. For most families, an irrevocable discretionary lifetime trust provides the strongest combination of IHT efficiency, care fee protection, and asset protection. A bare trust, by contrast, offers none of these benefits.
- Prepare the trust deed — this is the founding legal document that sets out the trustees, beneficiaries, and the powers and duties of the trustees. It must be professionally drafted by a specialist.
- Transfer the property — for an unmortgaged property, this involves a TR1 form to transfer legal title to the trustees at the Land Registry. If a mortgage exists, a Declaration of Trust is used instead to transfer the beneficial (equitable) interest while legal title remains with the mortgagor until the mortgage is cleared. A Form RX1 restriction is placed on the title at the Land Registry to protect the trust’s interest.
- Register the trust on the Trust Registration Service (TRS) within 90 days of creation — this is now mandatory for all UK express trusts.
Choosing the Right Trustee
Selecting suitable trustees is vital to the success of your property trust. You need a minimum of two trustees, and up to four can be registered on a property title at the Land Registry. The settlor can also be a trustee — which means you retain day-to-day involvement and control. Key factors to consider include:
- Trustworthiness and reliability — trustees have legal duties and must act in the best interests of the beneficiaries.
- Availability and willingness — trustees must be prepared to carry out their duties, including filing the annual SA900 trust tax return when required.
- A clear process for replacing trustees — circumstances change over the lifetime of a trust (which can last up to 125 years), so the trust deed should include provisions for removing and appointing new trustees.
By carefully considering these factors and working with a specialist estate planning firm, you can ensure that your property trust is set up correctly from day one. When you compare the cost — typically from £850 for a straightforward trust — to the potential costs of IHT (40% of everything above the threshold) or care fees (£1,200–£1,500 per week), it’s one of the most cost-effective forms of protection available.
What Happens to a Trust Upon Death?
One of the greatest advantages of a properly structured trust becomes most apparent at the moment it matters most — when someone dies. Unlike assets held in the deceased’s sole name, trust assets do not form part of the probate estate. This means there is no freezing of assets, no waiting months for a Grant of Probate, and no public disclosure of the trust’s contents (unlike a will, which becomes a public document once the Grant is issued).
Trustee Responsibilities After the Settlor’s Death
When the settlor dies, the trustees’ role continues — and in many ways becomes more active. Their key responsibilities include:
- Managing the trust assets in accordance with the trust deed and any letter of wishes left by the settlor. In a discretionary trust, the trustees have the power to decide who benefits, when, and how much.
- Ensuring compliance with all HMRC requirements, including filing trust tax returns (SA900) and reporting any chargeable events.
- Communicating with beneficiaries about the trust’s administration, while exercising appropriate discretion about the details of distributions to other beneficiaries.
For a comprehensive understanding of how trusts can be used to protect your estate from Inheritance Tax, it’s essential to work with a specialist estate planning professional.
Distributing Assets and Property
The distribution of trust assets depends on the type of trust. In a discretionary trust, the trustees decide how and when to distribute assets — they are not bound to distribute to any particular beneficiary at any particular time, which is precisely what gives the trust its protective power. In an interest in possession trust, the life tenant’s interest ends on death, and the capital passes to the remainderman as specified in the trust deed. The typical process involves:
- Identifying and valuing the trust assets — this may include obtaining a professional property valuation.
- Considering the tax implications of any distributions. Exit charges from a discretionary trust are typically very modest — proportional to the last periodic (10-year) charge, often less than 1% and frequently zero where the trust value is within the nil rate band.
- Distributing according to the trust deed and any letter of wishes, taking into account the beneficiaries’ current circumstances and needs.
By understanding these responsibilities and the importance of proper trust administration, trustees can ensure that the settlor’s wishes are honoured and that the process runs smoothly — without the delays, costs, and public scrutiny of the probate process.
Inheritance Tax Rates and Allowances
Inheritance Tax rates and allowances are the starting point for any estate plan. Understanding them is essential — because the nil rate band has been frozen at £325,000 since 2009, while property values have increased significantly, pulling more and more ordinary families into the IHT net.
Current Inheritance Tax Rates in the UK
The standard IHT rate is 40% on the value of the estate above the nil rate band. A reduced rate of 36% applies where 10% or more of the net estate is left to charity. To illustrate:
| Estate Value (single person, NRB only) | Inheritance Tax Liability |
|---|---|
| £325,000 or below | £0 |
| £425,000 | £40,000 (40% on £100,000 above £325,000) |
| £600,000 | £110,000 (40% on £275,000 above £325,000) |
The Nil Rate Band Explained
The nil rate band (NRB) is the amount each person can pass on free of IHT — currently £325,000, frozen since April 2009 and confirmed frozen until at least April 2031. Any unused NRB can be transferred to a surviving spouse or civil partner, giving a married couple up to £650,000 combined.
In addition, the residence nil rate band (RNRB) provides an extra £175,000 per person — but only when a qualifying residential property interest is passed to direct descendants (children, grandchildren, or step-children). It is not available if the property is left to nephews, nieces, siblings, friends, or charities. The RNRB is also transferable between spouses, giving a married couple a potential combined maximum of £350,000 RNRB on top of their £650,000 NRB — a total of £1,000,000. However, the RNRB tapers away by £1 for every £2 the estate exceeds £2,000,000.
These allowances are powerful, but they have strict qualifying conditions. Getting specialist advice ensures you take full advantage of every relief available to you.
Exemptions and Reliefs Available
Beyond the nil rate band and residence nil rate band, several other exemptions and reliefs can significantly reduce your family’s IHT bill — or eliminate it entirely.
Main Allowances for Property in Trusts
When placing property into a discretionary trust, the transfer is a chargeable lifetime transfer (CLT). However, the lifetime charge is only 20% on the value above the available nil rate band at the time of transfer. For most families transferring a single property worth less than £325,000 (or £650,000 across two trusts for a married couple), the entry charge is zero.
Once inside the trust, the property is subject to the relevant property regime — which includes a periodic 10-year charge of up to a maximum of 6% on the value above the NRB. In practice, for most family homes within the NRB, this charge is also zero. Exit charges when assets leave the trust are proportional to the last periodic charge — typically less than 1%, and often nil.
The combined allowances for a married couple can be significant:
| Allowance Type | Amount Per Person | Maximum for Married Couple |
|---|---|---|
| Nil Rate Band (NRB) | £325,000 | £650,000 |
| Residence Nil Rate Band (RNRB) | £175,000 | £350,000 (direct descendants only) |
| Combined Maximum | £500,000 | £1,000,000 |
In addition, each person has an annual gift exemption of £3,000 (with one year’s carry-forward), small gift exemptions of £250 per recipient, and wedding gift exemptions ranging from £1,000 to £5,000 depending on the relationship. Regular gifts from surplus income — if properly documented — are also exempt from IHT under the normal expenditure out of income exemption.
Business Property Relief and Agricultural Relief
Business Property Relief (BPR) can provide 100% relief from IHT on qualifying business assets, such as shares in an unquoted trading company or an interest in a trading partnership. Investment businesses, such as buy-to-let property portfolios, generally do not qualify. From April 2026, BPR and APR combined will be capped at 100% relief on the first £1 million of qualifying assets, with 50% relief on the excess.
Agricultural Property Relief (APR) applies to farmland, farm buildings, and farmhouses occupied for agricultural purposes. Like BPR, it can provide up to 100% relief — subject to the same forthcoming cap from April 2026.
To qualify for either relief, specific conditions must be met, including minimum ownership periods and the nature of the business or agricultural activity. These reliefs are powerful but technical, and professional advice is essential to ensure your assets qualify and that the relief is structured correctly.
By understanding and utilising these exemptions and reliefs as part of a comprehensive estate plan, UK families can protect significantly more of their wealth for future generations.
Trusts and the Seven-Year Rule
The seven-year rule is one of the most important concepts in IHT planning, and understanding how it applies to different types of transfers is essential for minimising your family’s tax liability.
Gifts and Their Tax Implications
Outright gifts to individuals made during your lifetime are classified as potentially exempt transfers (PETs). If you survive for seven years after making the gift, it falls completely outside your estate and there is no IHT to pay — regardless of the gift’s value.
However, if you die within seven years, the gift is brought back into account. It uses up your available nil rate band first, and any excess is taxed at 40%. This is why early planning is so critical — the sooner you act, the sooner the seven-year clock starts ticking.
Important distinction: Transfers into a discretionary trust are NOT PETs — they are chargeable lifetime transfers (CLTs). This means there is a potential immediate charge of 20% on any value above the available NRB at the time of transfer. However, for most families transferring a home worth less than £325,000 into a single trust, there is no entry charge at all. If the settlor dies within seven years, the CLT is reassessed at 40%, with credit given for any lifetime tax already paid.
Taper Relief Explained
Taper relief reduces the amount of IHT payable on gifts or CLTs where the donor or settlor dies between three and seven years after making the transfer. Crucially, taper relief reduces the tax, not the value of the gift — and it only applies where the cumulative value of transfers exceeds the nil rate band (£325,000).
- Death within 0–3 years of the transfer: 40% tax (no taper relief available)
- 3–4 years: Tax reduced to 32%
- 4–5 years: Tax reduced to 24%
- 5–6 years: Tax reduced to 16%
- 6–7 years: Tax reduced to 8%
- 7+ years: No IHT payable — the transfer falls entirely outside the estate
For more detailed information on the seven-year rule and its implications, you can visit our guide to the 7-year rule in Inheritance Tax.
By understanding the seven-year rule and planning transfers early, you can ensure that more of your estate passes to your loved ones rather than to HMRC. As the saying goes: plan, don’t panic.
Common Mistakes in Trusts and Inheritance Tax Planning
Trusts are powerful tools, but they must be set up and managed correctly to achieve their purpose. Here are the most common mistakes we see — and how to avoid them.
Failing to Update Trust Deeds
One of the most frequent errors is failing to review and update trust deeds as laws and family circumstances change. Tax legislation evolves regularly — for example, the forthcoming changes to BPR and APR from April 2026, and inherited pensions becoming subject to IHT from April 2027. An outdated trust deed may fail to take advantage of current reliefs or may produce unintended tax consequences.
- Review your trust deed every three to five years, or whenever there is a significant change in legislation, family circumstances, or asset values.
- Ensure your letter of wishes is also kept up to date — this provides crucial guidance to your trustees about how you want the trust to be managed.
Ignoring Tax Implications on Property Changes
Another common mistake is making changes to trust property — such as selling a property and buying another, or making distributions to beneficiaries — without first considering the tax implications. This can trigger unexpected Capital Gains Tax liabilities (trusts pay CGT at 24% on residential property gains and 20% on other gains) or exit charges from the trust.
Key Considerations:
- Always assess the CGT and IHT implications of any property transaction within the trust. Holdover relief may be available to defer CGT when assets are transferred into or out of certain trusts.
- Work with a specialist estate planning professional — not a general practice solicitor. The law, like medicine, is broad. You wouldn’t want your GP performing surgery, and you shouldn’t rely on a generalist for specialist trust work.
By being aware of these pitfalls and taking proactive steps, UK families can ensure their trusts continue to function as intended — protecting assets and minimising IHT for generations to come.
The Importance of Professional Guidance
Professional guidance isn’t just helpful when it comes to trusts and IHT planning — it’s essential. The interaction between trust law, IHT, CGT, income tax, care fee rules, and property law is complex, and getting it wrong can be costly. A trust that is set up incorrectly may offer no protection at all — or worse, could create additional tax liabilities.
When to Consult an Estate Planning Specialist
You should seek specialist advice in the following situations:
- When establishing a trust — to ensure the trust deed is correctly drafted, the right type of trust is chosen, and the property transfer is executed properly.
- When dealing with IHT planning — to structure your estate in a way that takes full advantage of available reliefs, allowances, and the seven-year rule.
- When changes occur — whether that’s a change in the law (such as the 2026 BPR/APR changes), a change in family circumstances (marriage, divorce, birth, bereavement), or a change in asset values.
- When care is needed — to understand how trust assets interact with local authority care funding assessments and the deprivation of assets rules.
Finding the Right Expertise
Not all solicitors or advisors are qualified to advise on trusts and IHT planning. A high street solicitor who handles conveyancing, family law, and general litigation may have limited experience with the specific trust structures needed for effective estate protection. Look for specialists who focus on this area:
| Criteria | What to Look For |
|---|---|
| Specialisation | Look for firms that focus specifically on estate planning, trusts, and IHT — not generalist practices that treat trusts as a sideline. |
| Track Record | Ask how many trusts they’ve set up, what types of trust they specialise in, and whether they handle property transfers into trust regularly. |
| Transparency on Pricing | Reputable firms publish their pricing clearly. Trust setup costs typically start from £850 for straightforward arrangements. Be cautious of firms that won’t quote until after a consultation. |
| Ongoing Support | A good firm will offer ongoing trust administration support, including TRS registration, periodic reviews, and help with trustee changes. |
By seeking specialist professional guidance, you can ensure your trust is properly structured, correctly administered, and genuinely effective at protecting your family’s wealth — not just on paper, but in practice.
Reviewing and Amending Trusts
A trust is not a “set it and forget it” document. Reviewing and amending trusts periodically is essential to ensure they remain effective, compliant with current law, and aligned with your family’s evolving circumstances. A trust can last up to 125 years — that’s a long time for things to change.
When and Why to Review a Trust
We recommend reviewing your trust every three to five years as a minimum, and immediately upon any of the following trigger events:
- Changes in family circumstances — marriage, divorce, birth of children or grandchildren, bereavement, or a beneficiary developing a vulnerability
- Changes in tax law — such as the freeze of the nil rate band (now locked until at least 2031), the forthcoming BPR/APR cap from 2026, or inherited pensions becoming subject to IHT from 2027
- Changes in asset values — if property values have risen significantly, the trust may now exceed the nil rate band, affecting periodic and exit charges
- Changes to the trustees — if a trustee has died, become incapacitated, or is no longer suitable, replacement trustees should be appointed promptly
How to Make Amendments to a Trust
Amending a trust typically involves preparing a deed of amendment or deed of variation, which must be executed with the proper legal formalities. The process includes:
- Reviewing the existing trust deed to identify what powers of amendment the trustees hold and what changes are needed.
- Drafting the amendment with the assistance of a specialist estate planning professional — this ensures the changes are legally valid and don’t inadvertently create adverse tax consequences.
- Executing the deed with the appropriate signatures and, where necessary, updating the Trust Registration Service and Land Registry records.
It’s crucial to document all changes properly. A poorly drafted amendment can undermine the entire trust, potentially exposing assets to the very risks the trust was designed to prevent.
By regularly reviewing and amending trusts, you ensure they continue to do what they were set up to do — protect your family’s assets from IHT, care fees, divorce, and probate delays, no matter how circumstances change over time.
Case Studies: Successful Trust Property Management
Real-life examples illustrate why trusts are such a powerful part of estate planning. The following scenarios, based on common situations we encounter, show how trusts work in practice.
Real-Life Examples of Trusts in Action
Consider a married couple in their early 60s who own their home outright, valued at £350,000, with additional savings and investments of £150,000 — giving a combined estate of £500,000. Without planning, the surviving spouse’s estate on second death could face an IHT bill of up to £70,000 (after using both nil rate bands of £325,000 each, but potentially losing some or all of the RNRB if the property doesn’t pass to direct descendants in the qualifying way).
By placing their home into a Family Home Protection Trust:
- The property is removed from their taxable estate, while they continue to live in it as beneficiaries of the trust.
- The trust is structured as an irrevocable discretionary trust, meaning no beneficiary has a fixed entitlement — protecting the property from care fee assessments, divorce claims, and financial mismanagement.
- On the surviving spouse’s death, the property passes to the children via the trust without going through probate — no asset freezing, no delays, and no public disclosure.
- The entry charge is zero (the property value is within the nil rate band), and the ongoing 10-year periodic charges are also zero or negligible.
In another case, a business owner transfers shares in their trading company into a discretionary trust. The shares qualify for Business Property Relief at 100%, meaning no IHT entry charge. The trust ensures that if the business owner dies, the shares pass to the next generation in a controlled way — the trustees can decide who receives shares and when, preventing a situation where shares end up in the wrong hands through divorce or poor decisions.
Lessons Learned from Inheritance Tax Planning
These examples highlight several crucial principles:
- Plan Early: The seven-year rule means time is your greatest asset. The couple who set up their trust at 60 have the clock running well before typical life expectancy — but waiting until 75 or 80 dramatically increases the risk of the settlor dying within the seven-year window.
- Use a Specialist: Both trusts were structured by estate planning specialists, not general practice solicitors. The technical requirements — from the trust deed wording to the property transfer process to the TRS registration — require specific expertise.
- Discretionary Trusts Offer the Strongest Protection: In both cases, a discretionary trust was chosen over a bare trust or interest in possession trust because it provides the widest range of protections — against IHT, care fees, divorce, and creditor claims.
For more detailed guidance on inheritance tax planning, including the use of trusts, visit our page on inheritance tax planning in Colchester.
Final Thoughts on Protecting Property in Trust
As we’ve explored throughout this guide, trusts are not just for the rich — they’re for the smart. With the nil rate band frozen at £325,000 since 2009 and average house prices in England now around £290,000, IHT is no longer a problem exclusive to the wealthy. It affects ordinary homeowners, and the consequences of not planning can be devastating: 40% of your estate above the threshold going to HMRC, tens of thousands in care fees eroding your life’s work, and months of probate delays leaving your family unable to access their inheritance.
Key Takeaways
Inheritance Tax is charged at 40% on amounts above the nil rate band (with a reduced rate of 36% where 10% or more is left to charity). Discretionary trusts are subject to the relevant property regime — with entry charges, 10-year periodic charges, and exit charges — but for most family homes within the nil rate band, these charges are zero or negligible. The real cost is not the trust; it’s the cost of doing nothing. A trust costs the equivalent of one to two weeks in a care home — a one-off investment versus potentially years of fees that could consume your entire estate.
Seeking Expert Guidance
Given the complexities of IHT, trust law, CGT, care fee rules, and the interaction between them, seeking specialist advice is essential. Not losing the family money provides the greatest peace of mind above all else. If you’re ready to take the first step in protecting your family’s wealth, speak to a specialist estate planner who can assess your specific circumstances and recommend the right trust structure for you.