TSEM5150 - Trusts for particular purposes: employment-related trusts - trust that an employer makes in favour of an individual

The schemes detailed at TSEM5010 onwards are normally for the benefit of all eligible employees. However an employer may put capital into trust for the benefit of an individual or their family.

This would normally be by way of an employee benefit trust. If so follow TSEM5025. But if a FURBS or EFRBS is involved see TSEM5220.

If a non-Trust Office discovers such a scheme, it should refer the case to BT & C Trusts (TSEM1420).