Edition 2021-22
Published July 2021
Length 775 pages
Suitable for Accountants, Financial advisers, Trust tax advisers
Price 125 (or see bundles page)
ISBN 9781912386444

Financial Planning with Trusts


This title is being updated. The 2022-23 edition will be published in August.

This substantial work 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 2021-22 edition has been thoroughly updated once more, with all tax rates, allowances and exemptions adjusted as appropriate. The new edition also includes: full analysis of the Supreme Court decision in the Staveley case, and the IHT impact re pension transfers; further consideration of avoiding problems when a trustee becomes mentally incapacitated; updated trust disclosure requirements; etc.

Now in its tenth edition, this is one of our enduringly 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 Wooltech Ltd.

Marcia Banner is a Senior Tax and Trust Consultant at Technical Connection Ltd.

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

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