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Trusts

Our solicitors are experienced in dealing with all kinds of trusts and related tax issues. Whether you are a trustee who wants some support and advice, or you are looking to set up a trust and appoint a professional trustee, we have the knowledge and experience to assist you.

We can help with Setting up a Trust – to include preparing the paperwork to set up a new trust, advising on the tax and practical implications, sending the necessary tax information to HMRC and advice on appointing trustees. 

Our solicitors can also assist trustees with their duties and responsibilities and support  them with preparing annual trust accounts and tax returns; advice on the day-to day running of the trust and on when to give income and property to beneficiaries. 
 
Sometimes we are appointed as trustees and our day to day responsibilities will include: managing the trust’s money and property; giving the right income and property to the beneficiaries of the trust at the right time; keeping beneficiaries informed; ensuring tax paid is correct and settled on time

If you are thinking about setting up a trust or need help with an existing trust then please contact Claire Redding to discuss this further

 

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