You will want to ensure that your wealth is properly managed and distributed after your death, so that it provides for the people who depend on you and is enjoyed by your heirs in the way you intend.

Although changes announced in the 2006 Budget in relation to the Inheritance Tax treatment of trusts will impact on the use of trusts in the future, there remain significant planning opportunities.

By using trusts, Coutts can help you to achieve some control over what happens to your estate, both immediately after your death and for generations to come.

For example, you could use a trust to postpone the transfer of assets to a child until they reach maturity, with the income being distributed at the trustees’ discretion until that date.

Placing assets in trust also ensures that they will pass smoothly to your heirs without the delays, costs and publicity often associated with probate. That’s because the assets in a trust are legally owned by the trustees, not the settlor.

Coutts has world-leading expertise in establishing, administering and managing trusts, and can provide specialist advice and trust arrangements which meet your exact needs. You can also be sure that the assets in your trust will be expertly managed, through our award-winning multi manager Investment Programmes.