19.09.24
Why use a Trust Corporation as a Trustee? When it comes to managing and protecting your assets, selecting the right Trustee is one of the most critical decisions you’ll make. While individuals, such as family members or close friends, can act as Trustees, there are significant benefits to appointing a…
05.08.24
LEI for Trusts Understanding the complexities of financial regulations can be daunting, especially for Trustees of a Trust. One critical aspect that Trustees should have knowledge of is the Legal Entity Identifier (LEI) requirement, which is essential to ensure compliance with various reporting obligations. This blog post delves into the…
21.06.24
Life has a tendency to take over, but it is important to make time to consider the importance of securing your legacy and ensuring your family and loved ones are taken care of. Inheritance Tax (IHT) planning using Trusts can play an important, and effective, part in this as they…
08.05.24
I have recently become the Trustee of my family Trust. What are my responsibilities and which should be my priority? Many people regard an invitation to become a Trustee as a major achievement or a family duty they feel they cannot refuse. However, being a Trustee brings with it a…
19.03.24
Outsourcing Trust administration can offer several benefits, for both individuals and organisations who want to streamline their operations, reduce costs, and ensure the efficient management of a Trust. The key advantages of outsourcing Trust administration include: Expertise and Experience: Trust administration can be a complex and specialised field, requiring knowledge…
07.12.23
Choosing your Trustees When setting up any type of Trust, one of the most important factors to consider is who you wish to appoint as your Trustees. Your Trustees will be custodians of the Trust assets and responsible for all aspects of Trust administration, such as record-keeping, ongoing matters of…
07.02.23
There are many factors to consider when setting up a Trust for a disabled relative and, depending on the family circumstances, you are likely to set up a Discretionary Trust or a Disabled Persons Trust. There is no “one size fits all” and which Trust you choose to create should…
06.12.22
The Which? Money podcast offers weekly advice to help consumers better understand financial issues and tackles the issues hitting many peoples’ pockets – from spiralling energy costs, to food bills and personal affairs. In episode 178, which aired on 2nd December 2022, Renaissance Trust Director Scott Clayton spoke to Which?…
01.10.22
Renaissance Legal, specialists in legal advice to families and carers of disabled and vulnerable people, has announced the launch of a new company, Renaissance Trust Corporation Ltd, trading as Renaissance Trust. The newly formed Trust company is in partnership with the team from Castlewood Trust & Company, who have provided…
