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.
A will trust is something you set up to benefit the people you want to pass on money or possessions to. After your death it will come into effect and the trustees who you have named, are given control over the assets covered by the trust. They must manage the trust on behalf of the beneficiaries of the trust. You can be specific about how much each person gets and when, or you can allow the trustees to decide; it is common to leave a letter of wishes to indicate your thoughts.
They can be used in a range of ways, however common uses for trusts include:
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:
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:
managing the tax liability efficiently
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 us for a confidential, no obligation chat, or fill out our enquiry form and we will let you know how we can help. We can also visit you at your home if you wish.
Our specialist teams are based in:
But we can help you wherever you are in England and Wales.
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.
Partner - Wills, trusts, tax & probate
Royston office
Associate - Wills, trusts, tax & probate
Cambridge office
Senior Partner - Wills, trusts, tax & probate
Cambridge office
Partner - Wills, trusts, tax & probate
Chelmsford office
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