A trust is a way to ring-fence funds and assets, limiting their use to certain purposes or for the benefit of specified people. It can be a good idea to set up a trust if:
- you want to manage your assets in a tax-efficient way
- you want to provide for the future of children, grandchildren or disabled persons.
Practical and personalised advice
Our highly-regarded private client team can give you practical advice on whether a trust is suitable for you and your family, and if it is, how to set one up. We always try to avoid unnecessary complexity in our advice and the solutions we recommend.
We can take you through all the steps of:
- using trusts in inheritance tax planning
- setting up trusts, and the tax implications of doing so
- appointing trustees, and trustees’ powers
- ongoing management of trusts
- making payments from trust funds or transferring assets into trust
- administration of trusts, for example, the preparation of annual accounts and tax returns
- how to wind up a trust and deal with the final distribution or transfer of assets, and the tax and accounting requirements.
Helping you choose the most appropriate trust
We can guide you through the different types of trusts and their usage, for example:
- nil rate band discretionary trusts used for inheritance tax planning
- trusts for children or grandchildren to safeguard inheritances
- trusts for disabled persons, which can be set up within their lifetime to make sure funds and assets are properly and responsibly managed.
"I have found the team to be empathetic, professional and totally committed to responding to my needs."
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Meet the team
Grant Johnson
Title: Partner, Head of Private Client
Department: Private Client Services
Location: Dundee
Alison McKay
Title: Partner
Department: Private Client Services
Location: Glasgow
Caroline Fraser
Title: Partner
Department: Private Client Services
Location: Dundee
Clare McCarroll
Title: Partner
Department: Private Client Services
Location: Edinburgh
Ernest Boath
Title: Partner
Department: Private Client Services
Location: Dundee
John Thom
Title: Partner
Department: Private Client Services
Location: Perth
Kirsty Preston
Title: Partner
Department: Private Client Services
Location: Dundee
Lynsey Kerr
Title: Partner
Department: Private Client Services
Location: Edinburgh
Morag Yellowlees
Title: Partner
Department: Private Client Services
Location: Edinburgh
Nicole Noble
Title: Partner
Department: Private Client Services
Location: Edinburgh
Sandy Lamb
Title: Partner
Department: Private Client Services
Location: Glasgow
Stephen O'Hare
Title: Partner
Department: Private Client Services
Location: Perth
Doran Mitchell
Title: Director
Department: Private Client Services
Location: Edinburgh
Mhairi Cage
Title: Director
Department: Private Client Services
Location: Perth
Lindsay Kirkwood
Title: Senior Associate
Department: Private Client Services
Location: Dundee
Samera Ali
Title: Senior Associate
Department: Private Client Services
Location: Dundee
Andrew Ritchie
Title: Associate
Department: Private Client Services
Location: Dundee
Caitlin Connolly
Title: Associate
Department: Private Client Services
Location: Edinburgh
Harriet Waters
Title: Associate
Department: Private Client Services
Location: Edinburgh
Lauren McGhie
Title: Associate
Department: Private Client Services
Location: Glasgow
Lesley McKinlay
Title: Associate
Department: Private Client Services
Location: Edinburgh
Rachel High
Title: Associate
Department: Private Client Services
Location: Dundee
Sienna Sproson
Title: Associate
Department: Private Client Services
Location: Dundee
Amy Docherty
Title: Senior Solicitor
Department: Private Client Services
Location: Glasgow
Megan Hainey
Title: Senior Solicitor
Department: Private Client Services
Location: Dundee
Simon Smith
Title: Senior Solicitor
Department: Private Client Services
Location: Perth
Catriona Black
Title: Senior Solicitor
Department: Private Client Services
Location: Dundee
Emma McFarlane
Title: Solicitor
Department: Private Client Services
Location: Glasgow
Kirsten Boettcher
Title: Solicitor
Department: Private Client Services
Location: Edinburgh
Lauren Beauchamp
Title: Solicitor
Department: Private Client Services
Location: Edinburgh
Shiona Wylie
Title: Solicitor
Department: Private Client Services
Location: Edinburgh
David White
Title: Solicitor
Department: Private Client Services
Location: Perth
Michael Higgins
Title: Trainee Solicitor
Department: Private Client
Location: Glasgow
Rachel Lind
Title: Trainee Solicitor
Department: Private Client Services
Tracy McPherson
Title: Senior Paralegal
Department: Private Client Services
Location: Dundee
Claire Goldwyre
Title: Senior Paralegal
Department: Private Client Services
Location: Perth
Kerri Dearsley
Title: Paralegal
Department: Private Client Services
Location: Dundee
Pauline Easley
Title: Paralegal
Department: Private Client Services
Location: Dundee
Stephanie McColl
Title: Paralegal
Department: Private Client Services
Location: Perth
Callum Kennedy
Title: Consultant
Department: Private Client Services
Location: Edinburgh
Jenna Gillespie
Title: Trainee Paralegal
Department: Private Client Services
Location: Glasgow
Show Team
