A trust is a fund consisting of assets (money, investments and buildings) that are held by the trustees for the beneficiaries. There are many different types of trust in the UK. Trusts can be set up to operate immediately during a lifetime or in the event of death through a will.
Druitts Solicitors can advise on the following:
Under our trust administration service, Druitts advise trustees on their legal obligations to manage the trust to maximise the return under the trust and to minimise the tax liabilities.
In certain circumstances, our specialist solicitors can also act as trustees. At Druitts, we can re-organise the administration to save time and expense to ensure the maximum benefit to the trust fund.
You can contact one of our specialist solicitors by email or telephone them on 01202 551 863.
Frequently Asked Questions
There are several types which includes discretionary trust, bare trust, interest in possessions trust, accumulation trust, mixed trust, settlor-interested trust, disabled persons trust and non-resident trusts.
There are many factors affecting which trust is right for you, this includes your financial situation, how your assets are to be managed, who will control the trust and the purpose of the trust.
Druitts can offer advice on which would be best for your individual situation and set it up for you if needed.
Druitts would be happy to guide you through the process of setting up a trust. Taking legal advice will ensure the documents are worded to reflect your wishes and avoid loopholes.
Teresa Williamson
Lawyer ( FCILEx )
Teresa specialises in wills, probate, trusts, administration of estates and lasting powers of attorney. Teresa is also experienced in all areas of family law.
Teresa Specialises In:
Laura Neerunjun
Private Client Executive ACILEx
Laura is passionate about her chosen area of work in the Private Client Department and about providing an exemplary service to her clients. Laura provides practical and clear advice to her clients in a friendly and approachable way.
Laura Specialises In:
We are always happy to discuss your requirements over the phone, feel free to contact us to see how we can be of help today!
