What we offer
Guiding you through the trusts process
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