Edition 2019-20
Published June 2019
Length 777pp
Suitable for Accountants, Financial advisers, Trust tax advisers
Price 115 (or see bundles page)
ISBN 9781912386154

Financial Planning with Trusts 2019-20


Now in its eighth edition, this is one of our most popular titles.

This substantial work (see full contents below) looks at a wide range of topical tax and financial planning strategies using trusts. Essential for tax practitioners and financial advisers alike, it demonstrates the effective use of different trusts to meet financial and tax planning objectives. The book includes CGT, income tax and IHT planning and also examines the special trust arrangements used in the financial services sector.

Written by two highly qualified and experienced authors, this book helps readers to grasp the full implications, advantages and potential disadvantages of using a particular trust. The text is supported throughout by statutory references and case law precedents.

"Worth its weight in gold ... . The contents table is awesome." AccountingWeb review of earlier edition

"Useful and practical, and it succeeds in explaining complex subjects in a clear and concise way." Taxation review of earlier edition

John Woolley LLB, barrister, FCII, CTA (Fellow), TEP is a director of Technical Connection Ltd. Read more here.

Marcia Banner is a Senior Tax and Trust Consultant at Technical Connection Ltd. She has worked in both legal practice and the financial services industry and is a fully qualified graduate member of the Chartered Institute of Legal Executives. Marcia has over 30 years of experience of advising on trusts and tax planning matters and prior to joining Technical Connection Ltd in 2012, held the position of Senior Trust Manager for Scottish Widows where she was responsible for the trust proposition and acted as their expert spokesperson on inheritance tax and trusts.

The 2019-20 edition includes a number of new case reports, updated examples and commentary throughout, more on money laundering and Trust Registration Service changes, CGT changes for offshore trusts, etc. The book has been re-structured and expanded and is now divided into the following key sections:

  • First principles
  • Taxation of trusts - general principles
  • IHT planning
  • International aspects
  • Wills, probate and powers of attorney
  • Financial protection on death
  • Investments
  • Pensions
  • The private business
  • Residential property
  • Other uses of trusts - chattels, asset protection, reducing care costs, personal injury, trusts for the disabled and vulnerable
  • Compliance and administration