Argyll offers professional trustee and trust administration services to both private and corporate clients.
We provide personal trust services for clients wishing to establish discretionary or fixed interest trusts. Working with the clients legal and tax advisers we assist in the structuring of the trust and then administer it in accordance with the trust deed. Diligent administration is required to ensure capital or income are distributed in the most tax efficient manner. Our trustee services include the filing of the necessary returns in multiple jurisdictions, where required.
Our pension trust services are for corporate clients requiring a regulated pension. We administer both Exempt and Registered pension schemes, assisting in the establishment of the Plan and then administering it in accordance with the Plans’ rules. Our pension trust services include fulfilling all the statutory reporting requirements to the regulator and the Plans’ members.
For clients requiring a simple lower cost trust structure and no requirement for it to be highly personalised, we offer a Master trust structure, where the assets contributed by each individual client to the Master trust are held in segregated accounts, in a bank or securities brokerage chosen by them. Each segregated account has its own beneficiaries and letter of wishes and is fully audited. With the running costs shared across all the members the administration costs are lower than a personal trust.