Bare Trust Advice

Bare trusts are often used where assets are held on behalf of another individual, commonly for children or other beneficiaries.

We provide guidance on:

  • Whether a bare trust is appropriate
  • Trustee responsibilities
  • Beneficial ownership
  • Tax treatment of income and gains
  • Trust registration requirements
  • Transfer of assets to beneficiaries
  • Ongoing administration

We help ensure the trust structure is suitable for your objectives and managed in accordance with current legislation.