Albert Goodman Trust Corporation Limited
Albert Goodman LLP is well known for its strong ethos and focus on providing excellent client care. This has been demonstrated for many years with our provision of trusted private client services.
We are always looking to further improve the way in which we look after our clients and we believe there are substantial benefits to be gained in appointing the Albert Goodman Trust Corporation Limited (AG-TCL) for your private client needs.
The use of Trusts is a well-established tax efficient way of protecting wealth and passing it between generations and forms a part of many families Tax Panning for the future,
Why appoint a trust corporation?
Historically one of the significant problems with Trusts has been the choice, appointment and maintenance of trustees. As Trusts tend to be long lived and enduring there is sometimes the need to change trustees when a current trustee dies, retires or even has an extended holiday or illness. Sometimes it is not only difficult to find a new person but especially where there is property or land involved this can involve not only legal expense but also Land Registry fees.
As Albert Goodman Trust Corporation Limited is an enduring entity – replacement trustees will never be needed. Many of the Albert Goodman partners and senior staff are directors and all work is subcontracted to the practice. This ensures that there will always be a wide range of professionals with specialist private client, trust, inheritance tax knowledge and expertise available. Any charges are for work that is done on the trust behalf – not for merely being a trustee
AG-TCL will act alongside other individuals or professionals as trustees. Appointing a professional trustee ensures independent and objective decisions are made by qualified individuals, reducing the risk of family disputes and potential conflicts of interest.
Wills and Estates
AG-TCL can be appointed to act as executor. Appointing a trust corporation to fulfil this role guarantees there will be a qualified professional in place whenever that day should arrive. AG-TCL will act alongside other family members or professionals to provide independent and impartial support and guidance at this difficult time, whilst taking the necessary actions to wind up the estate in an efficient and tax effective manner.
Albert Goodman and AG-TCL work hand in hand with Albert Goodman Financial Planning. They specialise in looking after investments, life assurance, pensions and planning for later life. They advise Trusts on their investments
AG-TCL is entirely owned by Albert Goodman LLP, a successful and long standing firm in the south west, established in 1866, with over 150 years in business. It is incorporated and registered in England and Wales (company number 10619350). Its registered office is Mary Street House, Mary Street, Taunton, TA1 3NW.
For further advice or information please contact your usual Albert Goodman contact or:
Tina Hall, Senior Tax Manager tel: 01460 64646 E: firstname.lastname@example.org
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