Scheduled for Wednesday, May 23, 2012 - 12:30

Trusts are an essential tool in succession planning. They offer a means to manage money or property for people who may not be ready or able to manage it for themselves. In the UK, trustees of most trusts are liable for tax. For this purpose, HMRC requires trustees to notify it if a new trust is set up, if it is expected that it will receive income or make chargeable capital gains from the sale of assets.

Our speakers will give you practical tips on how to ensure compliance and offer you guidance on how to draft trusts to avoid pitfalls in the future.

This webinar will cover:

• Getting the basics right - taking instructions
• Selecting trustees
• What type of trust?
• Traps and tricks when drafting
• Budget update
• IHT tips and traps
• CGT and income tax for trusts (refresher)
• When should a trust register with HMRC, and how
• Top 10 trust tax tips