Trustee investment

Meet Your Legal Obligations As A Trustee And Ensure That The Beneficiaries Are Taken Care Of

Some families opt to arrange some of their money and assets into a trust structure, which legally protects the assets for the nominated beneficiaries. If you are entrusted as a trustee, you have a duty to adhere to the terms of the trust as described in the deed while ensuring that the fund is managed efficiently in the interest of the beneficiaries.

If you have never acted as a trustee before, the process can be a little daunting, which is where we can offer guidance and assistance. We also work with numerous longer standing or professional trustees. Specifically, our financial advisers can help with trustee investment (whether new or existing) in the following ways:

Understanding trustee investments

If a new Trust is required, many financial institutions offer a series of ‘off the shelf’ Trust solutions, designed to meet a wide variety of Trustee investment needs. In other cases, it may be necessary to draw up a more bespoke Trust document alongside your solicitor.

Once the Trust exists and has money or other assets held within it, it is important to make sure they are held in a tax efficient manner which will vary from Trust to Trust. It is also important to ensure the Trust monies are invested in an appropriate way, bearing in mind the investment timeframe(s), attitude towards investment risk, trustee restrictions or ethical guidelines specific to that Trust.

Given the perceived complexity of some of these plans and the different structures available, our advisers can guide you on selecting a plan and investment strategy that meets the requirements of the respective trust fund, ensuring that the needs of the beneficiaries are met.

Should you have any questions about trustee investment we would be extremely happy to help.

How East Anglian Financial Planning can help you

Our financial advisers are perfectly positioned to offer advice and guidance on managing trustee investments. Whether you want to understand your options or like to learn about investment opportunities, feel free to contact us at 0333 207 2151 to kickstart your trustee investment planning.

The Financial Conduct Authority does not regulate tax advice or trusts.