Private Client Law
Trusts and Inheritance Tax
Our expert team are here to help you with all aspects of planning for future generations and safeguarding your assets. Estate planning often involves the use of “trusts”.
A trust is a legal mechanism to hold assets for the benefit of others, often without those individuals having a legal entitlement to the asset itself. You appoint “trustees” to look after the assets in accordance with the terms of the trust.
Whether you wish to set up a new trust, or you are the trustee of an existing trust and require advice, one of our solicitors can assist you.
Services we offer:
- Registering your trust with HM Revenue & Customs’ Trust Registration Service (TRS)
- Creating trusts during your lifetime (including Discretionary Trusts and Life Interest Trusts)
- Creating trusts on your death (via Will)
- Help and advice on making distributions from an existing trust
- Ending a trust
- Changing the trustees of a trust (adding or removing a trustee)
- Declarations of Trust
- Inheritance Tax planning advice
- Trust taxation
- Letters of Wishes
