Trusts can be a powerful tool in inheritance tax planning, offering potential tax savings, probate avoidance, and control over asset distribution. However, they also come with potential disadvantages, including complexity, cost, and limited access to assets. Therefore, it's crucial to carefully consider your specific circumstances and objectives, and to seek professional advice, before deciding to set up a trust. For more information on trusts and inheritance tax planning, visit UK Property Accountants. Their team of experts can provide tailored advice to help you navigate the complexities of inheritance tax planning and make the right decisions for your circumstances. Read more - https://www.zupyak.com/p/3720841/t/the-pros-and-cons-of-trusts-for-inheritance-tax-planning-a-comprehensive-guide