Trusts can be a beneficial way to protect assets and save tax. There are complex rules to follow but our trusts solicitors can help navigate them and advise on the best options for you.

Speak to an expert

Call us: 0161 475 7676

What we offer

Guiding you through the trusts process

About trusts

A trust is an arrangement where somebody is put in a position of responsibility to look after assets for someone else. This arrangement is put into a written document known as a Trust Deed.

Trusts are a great way to protect your wealth for the future benefit of your family and dependents by ring-fencing assets and potentially saving on tax. The rules affecting a trust can be complicated but our trusts lawyers can advise and guide you through the process.


How our trusts specialist solicitors can help

Our team helps you to understand the law and tax rules surrounding trusts.

We have extensive expertise in setting up, administering, varying and terminating all different types of trusts. Members of our team are accredited by the Society of Trust and Estate Practitioners (STEP), the global association of specialists in family inheritance and succession planning.

Each trust is required to have one or more trustees. It is their responsibility to make sure the administration of a trust is kept up to date, and the trust is monitored in the best interest of the beneficiaries. It can sometimes be necessary to have an impartial person acting as a trustee, known as a professional trustee. Our team can act as professional trustees and can also help you choose the best person(s) to be your trustee.

We can save you time by giving advice on all aspects of the creation and administration of a trust:

  • Advising you on the range of trusts
  • Drafting deeds and accounts
  • Chairing meetings
  • Completing tax returns
  • Drafting deeds to complete the transfer of assets
  • Assisting in a change of trustee
  • Reviewing and advising on trustees’ powers and duties
  • Acting as a professional trustee
  • Implementing a Declaration of Trust when joint owners purchase a property

Our experienced team are there for you when it matters most, meaning you can feel confident and reassured that your assets are fully protected

Why work with us

Why choose SAS Daniels for support with trusts?

A team with your best interests at heart, dedicated to helping you plan for the future and protect your assets. Individual, personal service from one of our hugely experienced trusts solicitors.

Trusts Frequently Asked Questions

View the most frequently asked Trusts questions that we get at SAS Daniels.
  • What is the difference between executors and trustees?

    Executors are the people you appoint to deal with the administration of your estate after you have died. Trustees are the people you appoint to administer any ongoing trusts contained in your will. Both roles can be fulfilled by the same person.
  • Can a trustee be held personally liable?

    Yes – if a trustee acts outside the remit of his powers then he or she may be held personally liable for any loss arising from this breach of trust.
  • Is a trust a separate legal entity?

    A trust does not have separate legal identity such as a company does but it will be separate from a trustee’s own personal affairs and if it is registered at the tax office it will have its own tax reference etc.
  • Can a trustee also be a beneficiary?

    A trustee can also be a beneficiary but problems may arise if there are issues where a conflict of interest may apply. Suitable additional provisions may be required in the trust document to ensure no problems are caused.
  • In whose name should trust assets be held?

    The key thing is that trust assets are registered in the names of all trustees and as a general rule all trustees’ decisions must be unanimous. Ideally, there should also be some designation on the investment or account that the asset is held as trustees of the said trust.
  • Is there a maximum number of trustees?

    The maximum number of trustees that can be registered for property at the Land Registry is four and we would suggest that this is the maximum number of trustees that should be appointed.

Get in touch

Please fill in the contact form and one of our team will be in touch as soon as we can. Our working hours are Monday to Friday, 9am to 5.30pm.

"*" indicates required fields