Tax and Trust

Tax:

In conjunction with one of the top five chartered accountants and business advisers in the world, and a specialist tax planning company, Williams financial ltd offer a range of highly specialised tax mitigation schemes for owner run businesses, these highly specialised schemes allow business owners to access funds held by their company's without the tax treatment usually associated when these funds are extracted, these arrangements allow business owners to maximise their income not their tax bill.

Trusts:

A trust is a legal arrangement under which persons (a trustee) hold property on specific terms for the benefit of others (a beneficiary). Trusts can be established for a variety of reasons. For estate planning, personal tax planning or asset protection, but the flexibility they offer allows them to be used for providing solutions to other issues. Common non-tax reasons for establishing trusts include:

• Protecting assets (as far as possible) against problems such as divorce and bankruptcy.
• Managing assets on behalf of individuals who are not able to manage their own financial affairs, perhaps because they are too young, or do not have the mental capacity, or simply find financial matters overwhelming.
• Holding assets for a class of individuals (perhaps family members or the employees of a particular company), where there are no fixed entitlements to those assets.
• Preserving assets for future generations by allowing beneficiaries the right to use them or to receive the income from them, but with no right to the capital itself.

Williams financial ltd work closely with legal professionals, investment providers and estate planning companies in the creation, management and administration of trusts. Contact us today to see how trust planning can be of benefit to you.