Trusts Taxation, Registration & Management - An Essential One Hour Guide

Introduction

Many practitioners shy away from trusts as they can be complex and problematic; clients should always be advised fully of the tax liabilities and advantages of each trust before proceeding with setting these up.

In addition, trustees must be informed of their duties and obligations, including the new registration of trusts regime that has come into force; a failure to advise clients properly can result in negligence claims against your firm.

This webinar assumes a working knowledge of trusts and estates.

What You Will Learn

The webinar will cover the following:

• The types of trust - inter vivos or on death
• Capital gains tax, income tax and relevant property rules from the 2024 tax year
• The benefits of trusts - care fees, inheritance, and family protection
• Dangers - POATS, settlor interested trusts and GROBS