If you are a trustee or personal representative, you may need to register your trust, or a deceased person’s estate.
The Inheritance Tax treatment of discretionary trusts can be complicated, with entry charges, principal charges and exit charges.
We offer advice in relation to the tax implications on the creation, during the life of the trust, and on the cessation of a trust.
If you dispose of residential property/land and property it’s necessary to report this to HMRC and pay CGT, within 60-days of completion.
