In July’s Trust Seminar based at Scarborough Rugby Club, we delved into the fascinating journey of sustainable and impact investing options, exploring how investors once navigated income generation in a high-interest economy.
We also reviewed tax-efficient products held in trusts, examined the role of loan trusts in the probate process, and uncovered strategies for maximizing estates through effective inheritance tax management and pension planning via trusts.
• Investing for income in a high interest-economy
• Tax-efficient products to hold in trusts
• A review of loan trusts in the probate process
• Managing inheritance tax to maximise the estate
• Pension planning through trusts
We had been approached by several clients expressing keen interest in inheritance tax planning and estate planning for their loved ones. Among them, trustees responsible for managing the trusts and beneficiaries set to inherit the assets sought further insight into the ethical, green, and promoting positive change.
The seminar’s primary focus lay on solicitors dealing with private clients in the probate, wills, and trusts domain, anticipating their encounters with individuals requiring personalised planning. Its purpose was to offer a comprehensive overview of trusts such as Loan & Discounted Gift Trusts, highlighting the advantages of collaborating with financial advisers to ensure enhanced client outcomes.