Trusts
With professional help, the great majority of trusts are straightforward to set up and offer a variety of people many financial benefits. Killik & Co Trustees Ltd specialises in the design and management of a range of trust types, from the simple to those involving complicated legal and tax-related issues.
Why would you need a trust?
You may wish to:
- Ensure your assets are held securely for whomever you wish to benefit
- Plan in case parents die prematurely and leave a minor child or children
- Cater for the contrasting needs of different beneficiaries - for example you might wish your spouse to receive the income from your estate during his/her lifetime and for the capital to then pass to your children after his/her death
- Ensure assets pass to your intended beneficiaries, particularly in the case of second marriages where children are involved
