This website works best using cookies. Please allow our site to use cookies.
More Info

Please be informed that if you have visited this site before from this browser, with cookies enabled in browser settings, then some of the cookies from this site might be stored in your browser. Please use the browser tools if you wish to delete them. The following cookies are being used in the site.
This cookie is placed if you click the Allow button above. It tells us that you have given your consent to the use of cookies on our site and stops this message from displaying.

Cookies used: allowCookies
These cookies allow us to count page visits and traffic sources so that the performance of the site can be measured and improved, using a service provided by Google Analytics.

Cookies used: __utma, __utmb, __utmc, __utmz
These cookies are used to enable the core site to function. Some of these may have been set when you opened the site. They do not contain any personal information.

Cookies used: JSESSIONID, X-Mapping-kcepobcd, SecureSessionToken

Advanced Search

My Basket

Your basket is empty



Free Publicity Materials

DAC User Tested Logo
Trust Practitioner's Handbook


Wills and probate

In stock

29 January 2018

Law Society Publishing


234 x 156 mm
480 pages

Trust Practitioner's Handbook
4th edition

Gill Steel


Trusts can provide clients with solutions to a wide variety of objectives, from protecting assets to minimising exposure to tax. This book gives you comprehensive guidance to enable you to:

  • consider each client’s objectives
  • identify the applicable tax treatment
  • select the most appropriate trust
  • create and administer an effective trust.

This practical and accessible how-to guide is supplemented by a set of tools and features including practice points, examples, tables, checklists, forms and figures that help you to understand the administrative techniques for the main types of trust and to avoid potential negligence claims and tax penalties.

The author also presents a clear account of the taxation of trusts, which unravels the complex provisions relating to IHT, CGT and income tax, to give you a sound understanding of the application of tax to the administration of trusts and the confidence to explain its effects on the settlor, the trustees and the beneficiaries.

This new edition has been substantially updated and expanded to include new chapters on the reporting requirements of FATCA and CRS and the Trusts Register, the removal of trustees including where trustees lack capacity, the increasing application of SDLT and ATED and the residential nil-rate band.


Part 1: Setting up a trust: 1. Why have a trust; 2. Creating a trust; 3. Trustees; 4. Removal of trustees; Part 2: Administering the trust: 5. Getting started; 6. Reporting; 7. Administration implications of the Trustee Act 2000; 8. Trustees’ decision making; 9. Financial services; Part 3: Taxation of trusts; 10. Introduction to taxation of trusts and their compliance; 11. Inheritance tax basics; 12. Development of IHT treatment of trusts; 13. Discretionary trusts and other trusts subject to the relevant property regime; 14. Discretionary trusts and other trusts subject to the relevant property regime; 15. Disclosure of tax avoidance schemes (DOTAS) – re IHT; 16. Capital gains tax; 17. Stamp duty land tax and annual tax on enveloped dwellings; 18. Income tax; 19. Trusts with a disabled and/or vulnerable beneficiary; Part 4: Practical trusts: 20. Dealing with various events; 21. Nil-rate band discretionary trust debt and charge schemes and the transferable nil-rate band; 22. Using pilot trusts; 23. Settlor-interested trusts.

About the Author

Gill Steel is the owner and director of LawSkills Ltd, a company providing learning and development and consultancy for private client practitioners. She is a member of the Association of Tax Technicians and STEP and has an MBA in Legal Practice from Nottingham Law. Gill is consultant editor of the Wills and Inheritance Quality Scheme Toolkit (Law Society, 2013).