Trust Work & Inheritance Tax



The benefit of using trusts:

There is a common misconception that trusts, and the use of trusts, are solely for the very wealthy. However the reality is that trusts are available and accessible to all people and should be considered by all families!

A trust can be employed to ensure that assets move through and between different generations of a family, protecting against children’s divorces (or financial difficulties, for example bankruptcy), from unnecessary taxes or from unexpected changes in family circumstances.


A trust can be used to help with protection against assets being unnecessarily taken to pay for care fees.

Trusts can help realise and pay-out assets on death, without the possible delays otherwise created by the probate process.

They can be used to help with an efficient gifting of funds from grandparents or parents to help future generation’s university fees, or to support a property purchase.

Inheritance Tax 'IHT'

Inheritance tax (IHT) is a tax on money or possessions you leave behind when you die, and on some gifts you make during your lifetime.

If your estate is worth more than 325,000 pounds when you die, your heirs will have to pay inheritance tax on everything over that amount.


But they'll pay nothing, if your estate totals less than that. Your estate includes your property, savings, and any other assets you pass on after debts and funeral expenses have been paid.

The BIG question... how much tax do you pay?

Your estate will owe tax at 40% on anything above the £325,000 inheritance tax threshold when you die (or 36% if you leave at least 10% to a charity).

Our range of products includes:

  • Will Trusts

  • Discretionary Will Trusts

  • Flexible 2 Year IHT and Loan Trusts

  • Flexible Life Interest Trust

  • Property Protective Trust

  • Family Settlement Asset Trust

  • Disabled Discretionary Trust

  • Business Trusts & Legacies

  • Probate

To make a no-obligation appointment with one of our Professional Estate Planning Consultants, click here or call the head office on 01843 598620

Live for today... Plan for tomorrow

Newlife Wills - Will Writing & Estate Planning Experts

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Phone: 01843 269165

Head Office:  Caroline House, 15 Hawley Street, Margate, Kent, CT9 1PU