Subscribe to our e-news

Register now to receive regular e-news bulletins designed for business owners and individuals.

Please enter your email address below:

Related News

Advisory fuel rates for company cars

New company car advisory fuel rates have been published which took effect from 1 June 2017. The guidance states: ‘You can use the...

Read more >
9 Jun 2017
 

Tax-Free Childcare and childcare options

Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare launched at the end of April and is being r...

Read more >
7 Jun 2017
 

VAT fuel scale charges

HMRC have issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period s...

Read more >
12 May 2017
 

Related Blogs

Second Hand Cars for Business? A REAL Alternative!

I’m Chris, the founder of a Solihull based business with an International customer base. In the last 12 months, I’ve seen my bus...

Read more >
26 Jun 2017
 

Check of employer records

HMRC have been tasked to raise additional revenue. This will be achieved through a variety of methods, including increased employer complian...

Read more >
30 May 2017
 

Solihull Chamber survey surprises

Last week Kevin Johns, Prime’s Managing Director and President of the Solihull Chamber, hosted the Solihull Chamber Breakfast. The eve...

Read more >
17 May 2017
 

  • Contact Prime Today

    Contact Prime Today

    To discuss your trust planning requirements, please contact us for a free initial meeting.

    Please Email Us >

Trust Planning

When assets are left to beneficiaries as a direct lump payment, these assets are considered to be part of the beneficiary’s estate, allowing risk of attack from future divorce settlements, creditors and taxation. So how can you ensure that your assets will reach your children, grandchildren and other relatives rather than ending up in the wrong hands?

With the strategic use of Trusts, Prime can ensure that your chosen family and friends will benefit completely from the inheritance you want them to receive, as well as protecting your assets from the costs of long term care.

This “Bloodline Planning” service from Prime can provide asset protection from:

  • Divorce or separation settlements of future generations
  • Future family circumstances such as remarriage
  • Creditors or bankruptcy claims
  • Further Inheritance Tax bills

With different types of Trusts available, putting the correct bloodline planning in place now is crucial to protect your family home, investments and even family businesses for future generations.  There are three basic types of trust in regular use:

  • Bare trusts (or simple trusts)
  • Life interest trusts (sometimes referred to as interest in possession trusts)
  • Discretionary trusts

As the type of trust is very much dependent on individual requirements and the value of your estate, Prime Chartered Accountants can offer expert advice to help you ensure that your assets are fully protected and immediately available after you have gone. 

Call Prime Today - we're here to help

Please contact us today to arrange a free appointment to discuss your trust planning requirements.

Coventry - 024 7651 8555 or Solihull - 0121 711 2468