Discretionary trusts

Discretionary trusts

When planning ahead, you may seek a flexible future planning option if you are not sure how your assets should be divided. This is common among clients who have an established group of beneficiaries but are not certain who will require the most financial support when the time comes. With discretionary trusts, you are able to nominate trustees who have discretion over how the beneficiaries should receive funds following your death.

Our Wills, trusts and probate team can help you through the entire process – from administering the trust on behalf of the trustees, to advising on the taxation and preparation of the annual trust accounts.