Trust and Charities Management
Our trust management group advise Trustees to support their responsibilities.
The advice provided covers all aspects of trust management:
- administering trust assets
- making income and capital distributions
- maintenance of accounting records and preparation of annual trust accounts
- monitoring investment management performance
- completion of annual tax returns and making tax payments
- inheritance tax compliance
- preparation of beneficiaries' income tax certificates
- attendance at trustees' meetings and liaising with professional advisers
- change of trustees
Trust management services are provided for all types of trusts including interest in possession, discretionary, accumulation and maintenance, 18-25 and will trusts.
The team also have experience in the management of charitable trusts including:
- completion of annual Charity Commission returns
- day to day management of the assets and funds
- liaising with independent examiners/auditors
- making donations and ensuring its charitable status is maintained
- maintenance of accounting records and preparation of annual accounts in line with the Statements of Recommended Practice
- reclaiming Tax