Trusts have been a fundamental part of the management of wealth for centuries. They have evolved to meet a broad range of current needs. For some, these are long established family structures which enable clients to manage the inheritance process and ensure that family money can be retained for future generations. For others, trusts may be charitable, or set up to manage compensation funds after a serious injury.
Our dedicated trust administration team focuses on tax reporting, accounting and statutory requirements. Our UK trust corporation, New Quadrant Trust Corporation Ltd, enables us to act as Trustee. In these cases, we have clear fiduciary responsibilities. However, we remain approachable; we work with both settlors and beneficiaries to ensure they have a full understanding of all the issues involved.
We also work with professional offshore trustees and the settlors and beneficiaries of those trusts to provide UK tax and trust advice. We can advise on trust terms, assist with the preparation of English law trust documents and restructure trusts so that they remain UK tax efficient and achieve their original purpose.