Why appoint a professional trustee?
Appointing a trustee can be a complex and sensitive decision for clients. Many are unsure what the role entails and may hesitate to involve family or friends. That’s where appointing a professional trustee can help.
Being a trustee is a serious responsibility. A professional trustee helps remove barriers and ensures the trust is managed with confidence and care.
Benefits of appointing a professional trustee:
Impartiality
Removes emotional bias from decision-making.
Expertise
Navigates statutory responsibilities with confidence.
Ease of administration
Handles trust registration, reporting, and tax charges.
Continuity
Ensures the trust is unaffected by incapacity or death.
Confidentiality
Trustees are bound to act discreetly and professionally.
Peace of mind
Operates within a regulated environment with robust controls.
Quilter's arrangement in place with ZEDRA
To make it easier for your clients to benefit from the services of a professional trustee, we have an arrangement in place with ZEDRA.
ZEDRA can be appointed as a professional trustee across Quilter’s trust range – on both new and existing trusts (available on all trusts except the unlimited liability loan trust).
ZEDRA’s service includes
Trust set-up and registrations
ZEDRA registers the trust with HMRC and provides confirmation to Quilter.
IHT calculations
They calculate and pay exit and periodic charges to HMRC, with optional support for additional IHT reporting.
Ongoing administration
ZEDRA manages compliance, correspondence and routine trust tasks such as vesting options.
Withdrawal oversight
All withdrawal requests are approved by ZEDRA, with payments coordinated and typically completed within 15 working days.
To get started
To access ZEDRA’s services your client will need to complete ZEDRA’s client agreement and receive a copy of their fee schedule. Both available on ZEDRA’s website.
Download our guide to understand more about the arrangement with ZEDRA, the services they offer, and the application process.
About ZEDRA
ZEDRA is a leading independent trustee service provider with a reputation for delivering exceptional client service. To find out more about ZEDRA, and to access the required client agreement and fee schedule, visit their dedicated webpage.