Personal Services Trusts and Estates

Your legacy, in safe hands

Expert and proactive legal advice on setting up and managing Trusts

When getting your financial affairs in order, a Trust can offer peace of mind for yourself and those you wish to look after. Our Trust specialists will help you understand how a Trust can be used to protect assets and support beneficiaries.

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For more advice on Trusts, Probate and Estate planning and for a discussion about your personal situation please call us on 01803 403403

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Whether you’re setting up a new Trust or managing a Trust on behalf of someone else we’re here to help you plan the present and the future. Our team have experience in all types of Trust, helping you to make sense of it all. We have members of STEP who are specifically qualified for Trusts.

Key to your successful outcome is that we put you first. We really listen and understand what’s important to you.

We’re ready when you are.

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A Trust can be a good solution when you’re planning on leaving a legacy, be that financial or property, to another person but still need an element of control on how that is passed over and used.

Often they are used when planning long-term provisions for children and when planning how to structure your estate to minimise Inheritance Tax. It can be a very specific and complex area of law; our specialist Trust lawyers can help you manage your Trusts in the most tax efficient way.

Trusts, or Settlements if created in your lifetime, are a useful way to protect wealth in situations where the beneficiary is incapable of managing the money or property for themselves, or where an outright gift of the asset isn’t appropriate. Our experienced lawyers provide legal advice and inheritance tax planning for various types of Trusts, including;

  • Discretionary Trusts – leaving money or other assets from your Will in a Trust and appointing Trustees to manage it. Or a Discretionary Settlement if created during your lifetime.
  • Life Interest Trusts – allowing someone an interest in your property or assets throughout their lifetime without the assets leaving your Estate. These often arise in a Will, or can be created as Settlements during your lifetime.
  • Trusts for vulnerable people – creating a Trust for a child under 18 whose parent has passed away or someone who is disabled.
  • Personal injury Trusts – allowing you to place monies received as a result of injury into a Trust. This can effectively preserve the personal injury award and allow you to maintain means-tested state benefits.

Dependent on your circumstances, you may need to set up a Trust now or have one set out for when you pass away. We can help with all legal areas of Trusts and estate management;

  • Trust set up and administration
  • Dealing with probate and administration of estates <link to Probate page>
  • Estate and care fees planning

Advice for Trustees

The complexity of the law covering Trusts and Settlements can leave many Trustees concerned about their duties and obligations. We can help with guidance and advice you on what you can and cannot do as a Trustee, including the duties that come with the management, administration and taxation of Trusts. We can cut through and translate for you the increasingly complex regulations faced by Trustees, and assist you with how Trusts and Settlements can be used effectively.

“A first class firm of solicitors, with high professional standards”

Need help? Call us on 01803 403403 for a free, confidential discussion with one of our team or get in touch online.

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Our reputation for trusted advice, legal expertise and supportive guidance brings clients back to us again and again.

  • divorce & family
  • wills trust & probate
  • property
  • disputes
  • personal injury
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Call us on 01803 403403

We’re here to help with your personal legal issue, however sensitive.