How does Stamp Duty Land Tax affect the purchase of residential property for trusts? A common question which arises when considering the purchase of properties where trusts are involved relates to Stamp Duty Land Tax (SDLT), following the introduction in 2016 of the additional 3% SDLT charge above the standard rates for purchases of “additional […]
Lifetime Gifts Many people want to know whether they can give away assets in there lifetime. It is possible, however you can fall foul to inheritance tax rules which can leave complications for Executors. If done correctly, with understanding of the relevant rules and with plenty of forward thinking and planning, lifetime gifts can be […]
Trusts with a disabled/vulnerable beneficiary Some trusts for disabled people or children receive special tax treatment. These are called ‘a vulnerable person’s trust’. Who qualifies as a vulnerable beneficiary in these trusts? A vulnerable beneficiary is one whom is under the age of 18 whose parent has died or a disabled person who is eligible […]
Professional Attorneyship Services The role of an attorney involves a great deal of responsibility, so make sure you think carefully about who you chose. You must be able to trust them to make all decisions in your best interests. SWW Trust Corporation can act as professional attorneys under a Property and Financial Lasting Power of […]
An important announcement from SWW Trust Corporation
We are monitoring the COVID-19 situation closely. The welfare of our staff and customers are our main priority. Our offices are now closed, however we remain fully operational during this time. We’re contactable through the usual contact details.