Transfer of Family Trusts

As time goes on, individuals and families may begin to consider the future of their charitable trusts and the best way to sustain their impact. Succession planning for a family trust can raise questions and uncertainties – but at Lincolnshire Community Foundation, we’re here to help you find a secure path forward.

By transferring your family’s charitable trust to Lincolnshire Community Foundation, you can ensure that your original philanthropic goals continue to be met while adapting to changing community needs. We’ll handle all administrative responsibilities, allowing family members and trustees to focus on the heart of the trust’s mission, staying involved in decision-making to whatever degree they choose.

How We Can Help with Family Trust Transitions

  • Tax-Efficient Transfer of Funds We work with you to make the transition smooth and tax-efficient, guiding you through the process of transferring various types of assets, such as cash, shares, or property. Our expertise ensures that your assets are preserved and used effectively.
  • Customised Fund Management Together, we’ll tailor the fund to evolve with the family’s changing interests. This approach allows for flexible giving, enabling family members to periodically review and adjust the fund’s focus as community needs shift. While honouring your initial intentions, this flexibility empowers your family to influence the fund’s impact over time.
  • Simplified Succession Planning Transferring your family trust to us removes the need for ongoing trustee succession. By reducing the administrative burden, we enable future generations to focus on philanthropic engagement rather than trust management.
  • Comprehensive Administrative Support Our team will oversee all aspects of administration, from Charity Commission reporting and fund management to facilitating grant distributions. With our experienced support, you can rest assured that every detail is managed professionally, ensuring compliance and efficiency.

Contact us

For more information on the benefits of transferring your family trust, please contact us. We would be delighted to guide you through the process and answer any questions about aligning the trust with your goals. 

Together, we can create a lasting legacy for Lincolnshire.