Our expert team helps you create and manage trusts that align with your goals, offering peace of mind that your assets are secure and distributed according to your wishes.
We’ll make sure you understand the options available, the tax implications, and the best structure for your needs.
At Forrester Boyd, we’ve supported individuals, families, and business owners for decades in setting up and managing trusts that deliver long-term financial protection and control. We work with you and your advisers to ensure every trust is structured and maintained efficiently.
We’ll help you choose the right type of trust to suit your personal, family, or business goals - from discretionary and interest-in-possession trusts to charitable or family trusts.
Our experienced team can handle the ongoing management, accounting, and reporting of your trust, ensuring compliance with all HMRC and regulatory requirements.
We’ll guide you through the complex tax rules around trusts, helping you manage inheritance tax (IHT), income tax, and capital gains tax (CGT) obligations efficiently.
Every family and business is unique, and so are the trusts we help create.
Our specialists take the time to understand your situation, explain your options in clear terms, and ensure that your trust achieves its intended purpose, now and for generations to come.
We collaborate with solicitors, financial planners, and family members to deliver a joined-up approach that gives you confidence and control. We can assist with:
A well-managed trust does more than safeguard assets, it provides continuity, confidence, and a lasting impact. We look beyond the paperwork to ensure your trust reflects your values and long-term intentions.
Our proactive approach means you’ll always receive personal advice, regular updates, and practical guidance on any legislative or tax changes that could affect your trust. Benefits include:
We’ve outlined some of the most common questions our clients ask about trusts, but we’re always happy to discuss your individual circumstances.
A trust is a legal arrangement where assets are placed under the control of appointed trustees to be managed for the benefit of chosen beneficiaries. People often use trusts to protect family wealth, support children or vulnerable relatives, control when assets are received, or plan for future tax liabilities. They can form a valuable part of wider estate and succession planning.
There are several types of trusts, each offering different levels of flexibility and control. Common examples include discretionary trusts, interest in possession trusts and bare trusts. The most suitable structure depends on your objectives, the assets involved and the needs of your beneficiaries. Professional guidance ensures the trust is set up correctly and works as intended.
Trustees must manage the trust’s assets responsibly and act in the best interests of the beneficiaries. Their duties typically include keeping accurate records, filing tax returns, reporting to HMRC where required, and following the terms set out in the trust deed. Choosing reliable trustees and ensuring they understand their obligations is essential for smooth and compliant trust management.
Trusts can be subject to Income Tax, Capital Gains Tax and Inheritance Tax, depending on the type of trust and the activity within it. Annual reporting may be needed along with registration on the Trust Registration Service. Regular reviews help ensure the trust remains effective, tax efficient and aligned with your wider estate plans. Working with experienced advisers can make ongoing management straightforward and compliant.
