The Importance of Trusts

If you give your house into trust and keep living in it, you got to pay the trust rent. There are brilliant means of passing money while giving some control. Trust can be a bit of an admin nightmare. You have to do a tax return. This is kind of a solution for wealthy families because very often there's a few thousand quid a year worth of admin fees. So consider trust, but be wary of anything which sounds too good to be true ultimately.