The Secure Gift Trust (SGT) is a purpose designed Trust, which can be used as part a client’s protective transfer of assets, savings or investments to their chosen beneficiaries as well as part of an Inheritance Tax mitigation Plan. The Secure Gift Trust is typically family-controlled and uses Trust precedents developed by our legal partners. The trust can hold assets gifted into it whilst allowing you to maintain control of the money or asset. Options can be explored where rental income is received from an asset that can also be retained. Use of the Trust can protect the benefits from social impacts and can deliver next generation tax benefits for family members equating to £40,000 for every £100,000 directed via The Secure Gift Trust. Advice prior to making any transfers and on-going advice is key in ensuring compliance with HMRC requirements and the maximisation of the protective benefits. The SGT is created during the lifetime of the client with a £10 Trust Fund. Future gifts or recent loans may be directed into the Trust and held or distributed to beneficiaries. Once established The SGT can be used repeatedly.