Trust Registration Service
Going forward all trusts whether created by Will or in your lifetime have to be registered on the trust registration service.
Previously trusts were predominantly registered whereby there would be annual trust returns due to tax liabilities.
Notwithstanding this, it is backdated too. This means that if you created a trust before this year, they too need registering with the trust registration service.
The only exceptions are charitable trusts, child trust funds, bereaved minors trust and disabled persons trust where they are the sole beneficiary.
If you have created a trust or you have just lost someone and not sure if there Will has created a registrable trust, please get in touch.
In addition, if you need help with registering a trust, we are here to help guide you through that process.