Third Edition.
The first edition of this book was published in 1997 and since then it has been regarded as the standard work in this area. All aspects of setting up a family trust are dealt with including taxation and social security rules affecting trusts and their beneficiaries.
This fully updated and revised third edition has an expanded section on the ownership of housing by trusts; a more fully explained chapter on capital gains tax and how it affects assets held by trusts, the advantages and disadvantages of using trusts for charitable purposes and the liabilities of trust funds.
Prolific author, Nick Renton, is a popular writer on areas of finance and taxation. His plain English style and objective discussion make his books easy-to-understand and totally unbiased.
