Trusts and Charities

Trusts are a practical way of making gifts to the next generation while ensuring capital is protected for the long term. Our team of advisers is here to help you work out the most efficient and effective way of setting up your trust.

If you would like to discuss how trusts or charities could work for you, contact JMW today on 0345 872 6666 or fill in our online enquiry form and we will get back to you.

Why Make a Trust?

Parents will often want to help their children purchase their first home or set up a business but do not feel comfortable making a large gift directly to their children. A gift into a trust can be a solution because it allows the value to be removed from your estate and enables you to retain some control over the assets by appointing yourself as one of the trustees.

Making a gift into trust can help mitigate inheritance tax (IHT) and capital gains tax, but if it is done incorrectly, it can result in extra tax having to be paid. We can take away the administrative headache of the ongoing administration of dealing with HMRC.

Trust Services

We can advise on the following areas related to trusts:

• Family trusts and asset protection
• Trusts for the disabled
• Personal injury trusts
• Bloodline trusts
• Business succession
• Wealth protection

Why Make a Charity?

Setting up a charity or a charitable trust can ensure you are able to support a chosen cause in a tax-efficient way and helps you leave a lasting legacy. Assets given to a charity can only be used for charitable purposes and can never be used for private benefit, meaning they will always be secure and protected.

For more information on charities, take a look at our dedicated page.