Ethical Trust Account

A trust is a legal arrangement where one or more, carefully selected people (or a company), known as ‘trustees’, control money or assets which, they must use for the benefit of one or more people (the ‘beneficiaries’).

Investments can be placed in Trust therefore a trust can contain ethically screened investments, essentially creating an ethical trust account.

They can be a valuable tool for Estate Planning and IHT mitigation because the account (and anything contained within the Trust) is removed from the holders estate.

This is a complex area of financial planning which, requires careful consideration to make sure everything is set up correctly. If mistakes are made when setting up a trust it could lead to an unwanted tax bill or part of your estate ending up in the wrong hands so it is important to consult with a solicitor.

Trust Account Enquiry:

Ethical Trust

Making your Trust Account Ethical

The world is changing. Conscientious investors are looking for ways to invest that are more aligned to core beliefs.

Demand is shifting away from profits alone and towards reducing the negative impact industry is having on people and the planet while also attempting to increase the positive.

The demand for ethical investments is driving supply so now funds held within your Trust Account can easily include ethically screened, socially responsible investments chosen based on your ethical preferences, desired outcome and risk profile.

Choose to exclude certain industry sectors from your portfolio (such as tobacco or nuclear power) and include companies that meet strict Environmental, Social and Governance criteria and are working to improve life on Earth.

An Ethical Legacy

As well as being a useful tool for estate planning, a trust account can be used to provide an income for someone incapable of looking after themselves.

By making it ethical the account has the potential to take care of your chosen beneficiaries and help take care of the world around them at the same time.

3 Reasons to set up a Trust:

1/ Provide financial support for your family after you die.

2/ Provide an income for young children or a disabled family member.

3/ Long term care.

Whatever your reason for setting up a trust account, if your preference is for ethical investing you can now include ethically screened funds and portfolios in your account. Leave behind something more valuable than just assets.