There are several types of UK family trusts and each type of trust may be taxed differently.

Trusts and trust funds may be set up for a number of reasons, for example:

  • to control and protect family assets;
  • for minors when they are too young to handle their affairs;
  • when someone can't handle their affairs because they are incapacitated;
  • to pass on money or property while you are still alive;
  • to pass on money or assets when you die under the terms of your will - known as a 'will trust';
  • under the rules of inheritance that apply when someone dies without having made a valid will;
  • to preserve personal injury compensation.

There are other types of 'non-family' trusts. These are set up for many reasons - for example to operate as a charity, or to provide a means for employers to create a pension scheme for their staff.


For advice and support on Trust matters, please either use the contact form on the right, email us at or call us on 0800 988 3650 and our team will advise you of the next steps with compassion and care.