How we can help
At Parker Kelly, our advisers help clients use Trusts as part of a joined‑up financial planning strategy. Trusts can be a powerful way to protect family wealth, manage inheritance tax exposure, and ensure assets pass to the right people at the right time.
Parker Kelly can set up provider-created standard trusts meaning no bespoke legal drafting is needed. These include:
- Bare/Absolute Trusts
- Discretionary Trusts
- Loan Trust
- Discounted Gift Trusts
- Flexible / Power of Appointment Trust
- Reversionary Gift Trusts (Non‑Discounted)
Support for all Trustees
We specialise in providing support to professional and non-profesional trustees.
We offer investment expertise and robust governance support, enabling Trustees to discharge their fiduciary duties efficiently and with confidence.
By advising on investment strategy, portfolio construction, diversification, and risk management, our advisers help ensure that trust assets are managed in line with the trust deed, beneficiary needs, and the requirements of the Trustee Act 2000.
This is all documented in the ‘Investment Policy Statement’ and ‘Suitability Report’ we provide for each Trust annually.
We assist trustees by providing documented advice, conducting regular suitability and performance reviews, and supporting the ongoing monitoring of investments.
This collaborative approach allows trustees to demonstrate a clear, well‑evidenced decision‑making process, reducing regulatory and liability risk.
The services we can provide are:
Designing risk‑aligned portfolios for trustees.
Create income producing investment strategies.
Providing trustee‑level reporting and reviews
Coordinated Legal–Financial Planning
Ensuring investment strategies align with trust deeds.
Liaising with solicitors to maintain compliance.
Trust, Inheritance tax and passing on wealth
If you use a trust for IHT purposes, then you need to ensure the gift is made into Trust without reservation.
Saying you can have the assets back in the future or receiving a benefit (For example putting your main residence into Trust whilst you still live in it and not paying rent to the trust) means the asset may be included in your estate.
It’s important to obtain advice from a qualified solicitor before placing assets into Trust.
Trusts can be an effective way to pass on wealth and manage Inheritance Tax (IHT), but they come with both benefits and risks that should be carefully considered. When structured appropriately, trusts can help protect family wealth, provide control over how and when assets are distributed, support vulnerable beneficiaries, and potentially reduce the value of an estate subject to IHT.
It’s important to understand that using a Trusts to mitigate care costs is risky as moving assets into a Trust for this reason would be classed as depravation of assets.
Trusts in the North West & across the UK
Get in touch with our team to arrange your initial consultation.
We cover the following areas in the North West:
We operate throughout the UK. Get in touch with our team to arrange your initial consultation.