Trusts

Trusts are a common form of wealth structure. A trust is formed when you give your assets to a trustee to hold for the benefit of chosen beneficiaries (this can include yourself).

A trust has unique benefits because it separates the legal and beneficial ownership of your assets. Benefits could include ease of succession, avoidance of probate and legal requirements on death, together with protection from taxation.

A range of trust structures:

• A Full Discretionary Trust (FDT) gives the trustee wide powers to choose how the trust fund should be invested and distributed
• A Partial Discretionary Trust (PDT) allows you to retain investment control. This means you can invest in a wider range of investments than a FDT.

Although Discretionary Trusts are normally irrevocable and only the trustee can bring the trust to an end, it is sometimes possible to offer a revocable trust, though this may offer less protection.

If a managed company is required, the trustee will arrange for a company to be incorporated in the Isle of Man.

How to apply

For more information contact us on +44 (0)1624 684 316† or we can call you back.

Important information: risk warning

Although your portfolio is carefully managed and well diversified, the value of your investment and the level of income you may receive can go down as well as up. Your returns may also be affected by exchange rate fluctuations if your investment is converted into another currency at a later date.

Find out more about Wealth Structuring with Barclays:

Wealth Structuring fact sheet (PDF)††
(for services from the Knightsbridge branch of Barclays Bank PLC)

Wealth Structuring fact sheet (PDF)††
(for services from the Isle of Man, Jersey and Guernsey branches of Barclays Private Clients International)

† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays local time. Call charges may vary. Please check with your local telecoms provider. Calls may be recorded for training and security purposes.

†† To view these documents you will need Adobe Acrobat Reader. If you're using access technology software on your computer, visit http://access.adobe.com for more information about using PDF files.

The products and services described on this page are provided by the following company which is part of Barclays Wealth, Barclays Private Bank and Trust (Isle of Man) Limited is licensed by the Isle of Man Financial Supervision Commission for Banking, Investment and Corporate and Trust Service Provider business. For further Information on these companies and Barclays Wealth please read Important Information.

Products and services on this site may not be available in certain jurisdiction. In particular, these products and services are not being offered in Japan or the United States or to US residents. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.