What is the Trust Registration Service In June 2017, HMRC launched the Trust Registration Service (TRS) following the implementation of the 4th Anti Money Laundering Directive. The aim of this Directive was to improve transparency around the beneficial ownership of...
Increasing house prices raise inheritance tax risk. Soaring house prices coupled with certain thresholds being frozen in the most recent Budget have the potential to drag more estates into the inheritance tax net over the coming years. Back in March 2021, Chancellor...
There are many ways to reduce or eliminate the inheritance tax payable on your estate without using trusts. But for some, especially if you are very wealthy, they may not be enough. For others, the control that trusts give over who benefits from your wealth, and how,...
