Although trusts are not as fashionable as they once were, largely thanks to changes in tax legislation in recent years, they can still be a very useful tool for families, especially as part of Inheritance Tax & Estate Planning, Care Home Fees Planning, and in conjunction with Wills. Trusts can be particularly useful to provide for less able relatives or for asset protection.

We can advise you on the options available, the suitability of each option for your own particular circumstances, and the tax implications.

If you have been appointed as a Trustee it can be a daunting prospect. We can review the ongoing suitability of the trust to identify and weaknesses or potential pitfalls, advise you on your legal duties as Trustee, comply with the special legal formalities to ensure the trust is officially registered with HMRC, and assist in an orderly and tax-efficient winding up of the trust when it has served its purpose.

If a dispute arises regarding a trust, please contact us to see how we can help with Trust Disputes.

If you would like to speak to our expert legal team about this, or any related subject then please contact our team by phone on 0207 936 6329, Email or by completing our Quick Contact Form below.