Advice for Trustees
When you take on the role of Trustee you will be taking on a responsibility to the beneficiaries of the Trust to take professional advice, on a regular basis, with regard to the assets contained within the Trust.
At HK we will work with you to try to make the process as smooth as possible.
It might be that the Trust assets are invested for the long-term in assets which can go up or down in value
Or, it might be that the assets are invested to provide an income to a “Life-tenant” with the capital being preserved for beneficiaries at some point in the future
Or, it could be that the capital is invested to pay for care-fees
Whatever the purpose of the Trust, the HK Way can help you.
We will provide advice to you on the management of the assets in accordance with the purpose of the Trust and the agreed level of risk that should be taken.
We will make recommendations when we believe any changes are necessary
We will meet with you at least once a year to discuss the Trust assets and review them
We will provide in writing an annual suitability report which you can keep to demonstrate that you are fulfilling your Trustee responsibilities.
Let’s make the role of a Trustee less challenging, by doing it the HK Way.
