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Trusts can be used to mitigate Inheritance Tax and can be helpful for estate planning.  They also remain a useful tool in protecting assets for vulnerable or disabled beneficiaries, providing for families which have children from different relationships or controlling the way in which funds are passed to family members.

Trusts can also be set up during a lifetime to receive funds from death in service benefits, pension funds and life assurance policies.

At Thomas Horton LLP, we are proud to have Solicitors who are STEP qualified and able to advise on the setting up, administration and winding up of both lifetime and Will Trusts.