Trusts
Trusts are used to help you plan for the future - for example, passing your wealth on to children or grandchildren, paying for school fees or a care home, or as part of your tax planning.
Setting up a trust
Setting up a trust
Our trusts specialists, including lawyers and tax accountants, can help you use and manage trusts effectively and stay the right side of the regulations. At the outset, we'll help you decide what type of trust is right for you. We have particular expertise in the creation of:
- inheritance planning trusts
- discretionary trusts
- charitable trusts
- personal injury trusts
- declarations of trust for a property.
Our trust service
We know that trusts can be difficult and daunting. So our job is to make the process as simple for you as possible. Our services cover:
- setting up a trust to do exactly what you need it to do
- taking care of the trustees, setting up their appointment and making sure they get clear, tailored advice on how to fulfil their duties under the trust, for example, staying on top of a shifting legal and taxation landscape.
- acting as professional trustees
- managing the tax liability efficiently
- tax submissions are completed on time and accurately
- tax efficient ways of making trust distributions
- day-to-day administration
- managing trustees
- winding-up a trust.
Tees also offers independent financial advice and our wealth management colleagues can offer you a seamless service with investment advice, to ensure all your trust affairs are managed efficiently.
Call our specialist Trusts solicitors on 0800 0131165
Call us for an initial chat, at no obligation, or fill out our enquiry form and a solicitor will get in touch.
Trusts FAQs
A trust is a legal device used as a way of planning for the future and providing protection. You can use a trust to pass your wealth on to your children or grandchildren, to pay for school fees or a care home, or as part of your tax planning.
