Trusts
Rochman Landau LLP has considerable experience in the creation and administration of trusts. There are many reasons for creating trusts few of them revolve around saving tax (a popular misconception) but instead answer parental concerns about passing considerable sums of the family’s wealth to young children who may lack the ability to look after it wisely.
We can explain the intricacies of trust law in a clear and helpful way.
We also advise accountants on the terms of trusts they are sometimes asked to administer.
Please call us if you would like to know more about trusts.
Latest News
New Brief from HMRC on Domicile
HMRC has recently issued a briefing note as to the circumstances in which it will raise an enquiry as to a person's domicile, in relation to inheritance tax. The note states that "in future HMRC will consider opening an enquiry where domicile could be an issue, or making a determination of Inheritance Tax in such cases, only where there is a significant risk of loss of UK tax,"
The Revenue have stated that the factors to be considered will include a review of all information available to HMRC fro... read more