Trusts in Scotland - Estate Planning & Asset Protection Masterclass

Introduction

Since the fundamental tax changes in 2006, trusts have to some extent fallen out of favour in relation to tax planning, however, in many circumstances trusts still have an important role to play in both estate planning and in asset protection.

This new full day in-person course covers the use of trust structures in many different situations and includes real life case studies.

Inheritance tax, capital gains tax, income tax and land and buildings transaction tax will be considered in detail giving you the confidence to deal efficiently with the tax treatment of various trusts.

The course will arm you with the knowledge to apply these trust structures in modern day estate planning and asset protection.

What You Will Learn

This course will cover the following:

• A review of trust taxation - inheritance tax, capital gains tax and income tax
• What type of trust structure is appropriate in a given situation?
• Trust structures during lifetime and on death
• Loan trusts
• Multiple trust structures
• Discounted gift trusts
• Trusts for life policies, death in service benefits and pension funds
• Trusts for asset protection
• Trusts and homes
• Trusts and deeds of variation
• Trusts and legal rights