Bare Trust

Bare Trust Services in the UK

Simplify Your Estate Planning with Transparent Bare Trust Solutions

Welcome to Bare Trust, the premier provider of Bare Trust services across the UK. Our dedicated team specialises in creating Bare Trusts that offer a straightforward way to manage and pass on assets, making them an ideal choice for those seeking simplicity in their estate planning.

Why Choose Final Wish for Your Bare Trust Needs?

Simplicity and Transparency: Bare Trusts are the simplest form of trust, making them easy to set up and understand. Our experts ensure a transparent process from start to finish.
Direct Control for Beneficiaries: Bare Trusts allow assets to be held in the name of a trustee, with beneficiaries retaining direct control over the assets from a specified age.
Tax Efficiency: While Bare Trusts do not offer the tax planning advantages of more complex trusts, they provide a clear and straightforward solution for gifting assets, potentially reducing Inheritance Tax liabilities.
Flexibility and Accessibility: Ideal for gifting to minors or as a simple way to manage specific assets, Bare Trusts offer flexibility and easy access for beneficiaries.

Benefits of Establishing a Bare Trust

1. Straightforward Management:

Bare Trusts are easy to set up and manage, with minimal ongoing administration required.

2. Clear Beneficiary Rights:

Beneficiaries have immediate and direct entitlement to the trust assets upon reaching the age of majority.

3. Estate Planning Simplified:

An effective tool for passing on assets to the next generation without the complexities of other trust arrangements.

4. Tax Considerations:

Contributions to a Bare Trust may reduce your Inheritance Tax exposure, as assets are treated as gifts to the beneficiary.

Our Bare Trust Services Include:

Personalised Consultation: Discuss your objectives and how a Bare Trust can meet your needs.
Bare Trust Setup: Expert guidance on establishing a Bare Trust, tailored to your situation.
Asset Transfer Support: Assistance with transferring assets into the Bare Trust effectively and efficiently.
Ongoing Advice: Continuous support to ensure your Bare Trust remains aligned with your estate planning goals.

With Final Wish, setting up a Bare Trust is simple and straightforward. Our expert team is here to guide you through every step, ensuring your assets are protected and passed on according to your wishes.