Our trust solicitors provide easy to understand and personal service to help you plan for the future and safeguard your financial security. We will provide:
- solicitors with specialist knowledge in all areas of trusts and estate planning to suit your circumstances and requirements
- innovative solutions on the most complex and sensitive cases
- a personal service to all our clients
A trust is a formal arrangement in which trusted individuals or trust corporations hold and manage assets on behalf of certain other individuals. Trusts are used to transfer ownership of assets but not make it an outright unconditional gift. The assets are put into trust for a beneficiary’s life, or until they reach a certain age.
Trust while complex can be formed for many different reasons. Trust are used as an instrument to pass wealth and assets on without passing on full control of them and also ensures your wishes are carried out fully even after you have died. Often we are approached by clients who wish to make provisions for family members but do not want to give them assets outright due to circumstances in their family.
The main types of trust are:
- bare trusts
- interest in possession trusts
- discretionary trusts
- accumulation trusts
- mixed trusts
- settlor-interested trusts
- non-resident trusts
- Secret trusts
- Charitable trusts
Our solicitors are able give advice in areas of asset protection trust and estate planning. We will take time to listen and understand your individual requirements. This will help us to provide you with a specific purpose made creative solutions which meets your planning needs.