18-25 Trusts were established in the Finance Act 2006.

They allowed parents to state that on their death their children could inherit their assets at an age between 18 and 25 rather than having to inherit at 18.

Such Trusts can only be created by parents in their Wills.

There are Inheritance Tax implications of such trusts so it is important that professional advice is sought.

For more information, why not click the links below or download one of our helpful guides. 

Alternatively, give us a call on 01302 341414 (Doncaster) and 0114 272 1884 (Sheffield) and our friendly team will be happy to have a chat with you.

What other types of trust are available?

There are numerous types of trust available, the most common types are: