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Trust Formation

Setting up a trust is one of the most effective ways to manage and protect your wealth while reducing Inheritance Tax (IHT). Trusts created in the UK must follow specific legal requirements and registration deadlines. A trust is a legal arrangement that allows you to move assets out of your taxable estate, giving you control over how and when your wealth is passed on, while safeguarding it for future generations.

Asset Protection Trusts

Protect family wealth from avoidable risks, pass assets down tax‑efficiently, and keep a clear plan for how and when loved ones benefit. Here We explain what an Asset Protection Trust (APT) is, who typically needs one, how it’s set up, key advantages, limits, and the tax/care‑fee considerations you must get right.

Bare Trust

Bare Trusts are ideal for family gifts—such as cash, shares, or property—where the donor wants certainty that the asset will belong to the child or young person. Bare trusts are used to pass assets to young people as settled property, ensuring the benefit goes directly to the intended beneficiary. They are also used when leaving assets to a minor in a will (to avoid a probate delay) or when setting aside funds for a specific purpose, such as education costs, without creating complex discretionary arrangements.

Business Trust

A Business Trust is a legal arrangement that holds business assets - such as shares, property, or intellectual property - on behalf of chosen beneficiaries. The trustee holds the legal title to the trust property and owns the assets on behalf of the beneficiaries, distinguishing between legal ownership (held by the trustee) and beneficial ownership rights (held by the beneficiaries). These assets are managed by trustees and can be protected and preserved beyond your lifetime.

Charitable Trust

A charitable trust is one of the most straightforward and tax-efficient ways to ensure your charitable objectives are met - both during your lifetime and beyond. Charitable trusts are established for charitable purposes and are generally used to manage assets or make grants to other charities, serving the public benefit. They can function similarly to a charitable foundation, offering flexibility and managed administrative responsibilities. The advantages and benefits of setting up a charitable trust include tax advantages, goodwill, and a positive impact on both donors and the community. Whether you want to make regular donations or leave a meaningful legacy, a charitable trust allows you to retain control, see the impact of your giving, and create a structure that can continue for generations

Discounted Gift Trust

A Discounted Gift Trust (DGT) is one of the most effective estate-planning strategies for individuals who wish to reduce their Inheritance Tax (IHT) exposure while still enjoying a regular income from their capital. When a settlor establishes a DGT, the settlor's gift is split into two parts: the portion given away to the trust beneficiaries and the part retained by the settlor, known as the settlor's retained rights, which are carved out for IHT purposes.

Family Trust

Creating a lifetime trust - often called a Family Trust is one of the most effective ways to ensure your assets pass to your loved ones and the whole family in a tax-efficient manner. A well-structured trust can also protect family assets from potential claims such as residential care fees or marital disputes, preserving wealth for future generations.

18–25 Trusts

Planning for the future is never easy—especially when young children are involved. A well-drafted Will can ensure your wealth passes safely to your children while giving you control over when they receive it. Two specialist options are the Bereaved Minor Trust and the 18–25 Trust. These trusts are designed to protect the inheritance of bereaved minors, specifically children who have lost a parent, by managing and safeguarding their assets until they reach a particular age.

Employee Benefit Trust (EBT)

Setting up an Employee Benefit Trust (EBT) demands careful structuring, tax planning, and ongoing governance.

Employee Ownership Trust

Our expert advisers can guide you every step of the way from assessing viability and securing HMRC clearance to structuring finance and trustee arrangements. We’ll keep the process clear, compliant, and tailored to your goals.

Flexible Reversionary Trust

Our estate planning experts can guide you every step of the way from structuring the Flexible Reversionary Trust and choosing the right investment bond to securing long-term inheritance tax benefits. Book a free consultation today.

Interest In Possession Trust

An Interest in Possession Trust (IIP Trust) is a type of trust that holds assets often property, investments, or business interests for the benefit of a named individual known as the “Life Tenant.” The Life Tenant does not own the assets outright, but they do have the right to enjoy them during their lifetime, either by: Receiving any income generated by the trust (e.g. rental income or investment returns), or Living in a property held in the trust rent-free.

Loan Trust

A Loan Trust suits clients who want to engage in inheritance tax (IHT) planning but still retain access to their original capital. A loan trust involves the settlor lending money to the trust, rather than gifting it outright. It gives flexibility: the settlor can waive portions or all of the loan whenever desired, gradually giving up access if needed. The loan is interest free and repayable on demand. The growth on the trust assets is outside the settlor’s estate for IHT purposes (though the outstanding loan remains part of the estate). Any future growth on the trust assets occurs outside the settlor’s estate.

Offshore Trust

While many of the tax perks traditionally linked with offshore trusts have been scaled back, they can still deliver meaningful benefits for internationally mobile families especially beyond purely tax considerations. Offshore trusts can take various forms, including hybrid trusts that combine features of trusts and corporate entities to enhance asset protection and tax advantages.

Trusts for Disabled or Vulnerable

A trust can be a powerful mechanism to provide for a disabled or vulnerable person during their lifetime. Trusts for vulnerable and trusts for vulnerable beneficiaries are specifically designed to protect the interests of vulnerable people and disabled people, ensuring their needs are met. These trusts can also help preserve eligibility for government benefits by managing assets in a way that does not affect means-tested support. In addition, trusts for vulnerable people and disabled people may qualify for special tax treatment under certain conditions. The best structure depends on your circumstances, the flexibility you desire, and the value and nature of the assets involved.

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IHT Planning

Protect Your Legacy - Minimise Tax, Maximise Certainty

Will Writing Services

A Will gives you peace of mind ensuring your wishes are followed and your loved ones are protected. Making a Will is an important step in securing your family's future and providing for those you care about most. At HeirPlan, we believe arranging your Will shouldn’t be a burden, especially during key life decisions or stages. That’s why we bring the service to you at home, online, evenings or weekends and guide you in clear, straightforward language to help ensure your family's needs are met.

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Lasting Power of Attorney

Planning for the future is one of the most important steps you can take to protect yourself and your loved ones. A Lasting Power of Attorney (LPA) allows you to choose trusted individuals to make decisions on your behalf if you ever lose the capacity to do so.

Family Investment Company Services

A Family Investment Company (FIC) is a powerful, flexible vehicle for preserving wealth across generations. By using an FIC, families can efficiently preserve, accumulate, and transfer family wealth, ensuring assets are protected and passed on to future generations in a tax-efficient manner. At HeirPlan, we help families establish and manage FICs that align with long-term goals, tax planning, and governance requirements.

Family Limited Liability Partnerships

In today’s evolving tax and regulatory environment, Family Limited Liability Partnerships (Family LLPs / FLLPs) are becoming an increasingly attractive option for families seeking efficient, controlled, and tax-aware wealth structures. At HeirPlan, we design, implement, and advise on Family LLP structures that preserve your legacy while maximizing flexibility.

Trust Compliance & Administration

Trusts can be powerful tools for protecting assets, managing wealth, and planning for future generations but they also come with complex legal, tax, and administrative responsibilities. At HeirPlan, we provide comprehensive Trust Compliance & Administration Services to ensure your trusts are run smoothly, efficiently, and fully in line with HMRC and legal requirements. Compliance obligations begin at the creation of a trust, and our firm assists from the trust's creation onward. We tailor our services to meet the needs of our clients and place a strong emphasis on client satisfaction.

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Year End Accounting

At HeirPlan, We specialise in preparing accurate, compliant year-end accounts for limited companies, partnerships, and sole traders. Our team ensures your accounts are filed correctly and on time helping you stay compliant with HMRC and Companies House, avoid penalties, and gain valuable financial insights to support better decision-making. We help streamline financial processes for our clients, improving efficiency and accuracy throughout the year-end accounting cycle.

Limited Company Accounting

Running a limited company can be rewarding but managing the accounting and compliance can quickly become time-consuming and expensive. At HeirPlan, we make it easy.

Sole Trader Accounting

As a sole trader, you’re focused on running your business not getting buried in paperwork, tax deadlines, and the heavy lifting of time-consuming manual admin tasks. At HeirPlan, we provide expert Sole Trader Accounting Services tailored for sole traders in the UK, designed to keep you compliant, organised, and in control of your finances. We have been helping sole traders since 2009, bringing years of experience and expertise to support individual business owners.

Property Tax Accountants at Your Service

As specialist property tax accountants, we provide end-to-end support for property investors, landlords, developers and estates, including landlords and property investors, as well as high net worth families seeking to protect and grow their wealth. Our clients benefit from personalized service, whether you’re structuring new acquisitions, assets, planning for succession, or resolving a tax exposure.

Comprehensive Trust Accounting

Trusts are powerful tools not just for the ultra-wealthy. They help safeguard assets, deliver tax efficiency, and ensure your wishes for future generations are respected. As specialist trust accountants, we deliver comprehensive trust accounting and tax services tailored to your needs.

Our Services

Trust Formation

Trust Formation

Asset Protection Trusts

Asset Protection Trusts

Bare Trust

Bare Trust

Business Trust

Business Trust

Charitable Trust

Charitable Trust

Discounted Gift Trust

Discounted Gift Trust

Family Trust

Family Trust

18–25 Trusts

18–25 Trusts

Employee Benefit Trust (EBT)

Employee Benefit Trust (EBT)

Employee Ownership Trust

Employee Ownership Trust

Flexible Reversionary Trust

Flexible Reversionary Trust

Interest In Possession Trust

Interest In Possession Trust

Loan Trust

Loan Trust

Offshore Trust

Offshore Trust

Trusts for Disabled or Vulnerable

Trusts for Disabled or Vulnerable

IHT Planning

IHT Planning

Will Writing Services

Will Writing Services

Lasting Power of Attorney

Lasting Power of Attorney

Family Investment Company Services

Family Investment Company Services

Family Limited Liability Partnerships

Family Limited Liability Partnerships

Trust Compliance & Administration

Trust Compliance & Administration

Year End Accounting

Year End Accounting

Limited Company Accounting

Limited Company Accounting

Sole Trader Accounting

Sole Trader Accounting

Property Tax Accountants at Your Service

Property Tax Accountants at Your Service

Comprehensive Trust Accounting

Comprehensive Trust Accounting