Full Discretionary Trust
An irrevocable trust where you give the trustee the discretion to invest the trust fund and to distribute the trust income together with powers to distribute assets or capital sums.
The structures into which you can transfer your assets can have lasting consequences for you, your family and your business and it is crucial that you choose the right ones. The right structures can protect assets and give you lasting benefits in an uncertain world. Failing to take advantage of the benefits provided by the most suitable structure for your needs can leave your assets, and in turn you your family and your business, exposed to unnecessary risks.
Our expertise is in finding the right wealth structure or combination of structures for you. We offer many different wealth-structuring solutions, including trusts and managed companies. To find which combination is best for you, a dedicated wealth-structuring specialist will work closely with you to understand your unique needs and circumstances. They will work in partnership with your legal and tax advisers to design, implement and maintain the structure(s) best suited to you and your family’s needs.
We have a tradition of excellence in the provision of trust and executorship services. This, together with our high credit rating, means that we are able to act for many of the world’s most influential entrepreneurs, families and senior corporate executives.
A trust is a powerful estate planning tool and the most common form of wealth structure. The separation of the legal and beneficial ownership of assets gives scope for a high degree of flexibility that allows the trustees to react to changing circumstances. When a trust is established, assets are given to a trustee to hold for the benefit of specified persons – the beneficiaries (who may include you). The trustee is then legally required to manage and distribute the assets to their benefit.
We have a comprehensive selection of wealth structures, talk to your relationship team about the best wealth structure for you.
We have prepared three notes on different aspects of the fundamental UK tax changes first announced in the Chancellor’s October 2007 Pre-Budget Review:
The commentary is up to date as of 2 January 2008 but it is expected that the Government will publish detailed draft legislation, including some probable changes later this month.
An irrevocable trust where you give the trustee the discretion to invest the trust fund and to distribute the trust income together with powers to distribute assets or capital sums.
An irrevocable trust where you give the trustee the discretion to distribute the trust income together with powers to distribute assets or capital sums but where you keep the power to direct the trustee how to invest the trust fund.
A Reserved Powers Trust (RPT) is a revocable trust that allows you to keep wide powers.
A special type of trust written under the laws of the Cayman Islands where diverse and complex assets can be settled. You can restrict the beneficiaries rights and a licensed trust company must be appointed as trustee.
A managed company incorporated to hold assets and provide foreign estate tax protection.
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The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC and Barclays Private Bank & Trust Limited, Isle of Man and Jersey. Walbrook Group Limited, Barclays Wealth Trustees (Jersey) Limited, Barclays Wealth Trustees (Guernsey) Limited, Barclays Wealth Trustees (Isle Of Man) Limited, Barclays Wealth Fund Managers (Guernsey) Limited and Barclays Wealth Fund Managers (Isle of Man) Limited. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
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Products and services on this site may not be available in certain jurisdictions. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding.
*Subject to system’s availability