Edition 2020-21
Published August 2020
Length 751pp
Suitable for Accountants, Financial advisers, Trust tax advisers
Price 125 (or see bundles page)
ISBN 9781912386338

Financial Planning with Trusts


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. 

The 2020-21 edition has been thoroughly updated once more, with all tax rates, allowances and exemptions adjusted as appropriate. The new edition also includes: a comprehensive update on trust registration and exemption under the Trust Registration Scheme; expanded analysis of the 10-year anniversary charge as it applies for particular trusts; expanded/updated coverage of the rules for gifts made by those with a power of attorney; new statutory rules for further gifts to existing excluded property trusts, etc.

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

"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. Read more here.

The text is 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