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TRUSTS

A Trust comes into existence when you put property or assets into the name of another person (called "the Trustee") usually on conditions. The Trustee, usually, does not to get the benefit from the property or assets himself. He has to hold it for one or more people (called "the Beneficiaries") and the way he manages the property or assets must always be for their benefit.

Trusts can be complex. We have experienced people who can help you and explain the benefits of establishing a Trust. We can advise you how using a Trust can help you, your family or your business. There are several types of Trust (charities are a special type of Trust). We can help you choose the type of Trust that suits your needs. You can establish a Trust in your lifetime or in your Will.

Trusts can be used to deal with your property, the proceeds of insurance policies, personal pension policies and lump sum payments under firm's group life insurance schemes.

We can advise on Trust administration, the tax matters relating to a Trust, retirement and replacement of Trustees.

CHARITIES

We can advise you on the creation and running of a charity.

 
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