Death Benefit Trusts

We are experts in providing services to trusts of all sizes and in particular death benefit trusts (DBTs).  We understand the nature and taxation of DBTs and understand they can vary in size considerably. Our processes and annual administration are therefore efficiently targeted to deliver the perfect Trustee service.  We are also experienced in dealing with private individuals at times that can be tough for the family and our sensitive client focused approach ensures people understand that we are there for them at all times.

Administering death-in-service (DIS) payments can provide a practical problem for trustees of pension schemes.  It is common for many of these payments to be held for minor dependants of the deceased member.  During the minority of the dependant the DIS payment will be held in trust.  It is important that a professional independent trustee experienced in dealing with such trusts is appointed.  The payments can vary considerably in size and therefore a quality and cost effective solution is imperative.

Our professional independent trust service is one the most efficient and cost-effective solution in the market.  Pension schemes can stay rest assured that payments settled in trust for a deceased employee’s dependants are secure, managed professionally and administered in the best interest of the beneficiaries.

 Our full trustee service incorporates the full set up and annual trust management, including:

• Day to day bookkeeping for the trust;
• Production of annual trust accounts or annual statements as required;
• Preparation of trust tax return and submission to HMRC;
• Preparation of tax certificates if required;
• Monitoring of beneficiaries’ on-going needs;
• Distributions to beneficiaries;
• 24/7 access to a dedicated trust specialist

Our solution is one of the most cost effective in the market.

Note: For trust funds under £20,000 we offer a fixed fee of £200 + VAT per annum