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Trusts Solicitors in Richmond, Surrey
Trusts can be used to control your assets for future generations and can be an invaluable estate and succession planning tool. Trusts allow you to securely transfer your assets away from you, but ensuring their safe future management for the benefit of others.
Like a will, trusts provide a means of allowing you to control the way in which your accumulated wealth or assets are distributed. They can be brought into effect at any time, including during your lifetime, or on your death if they are included as part of your Will.
In addition to the control over your estate or assets, trusts can potentially protect assets against claims from creditors and also potentially reduce tax liabilities including inheritance tax.
Trusts are particularly useful if you wish to make provision for disabled beneficiaries or vulnerable beneficiaries (i.e. young beneficiaries, spendthrift beneficiaries, or someone who is easily taken advantage of).
We can provide advice on the most suitable form of trust for you and prepare all necessary documentation related to this. We also deal with all ancillary Trust matters such as the removal or appointment of Trustees, and the appointments of income and capital from the Trust. We are also able to assist with all on-going Trust administration and the preparation of Trust accounts and Trust tax returns.
If you would like us to prepare or provide any assistance with Trusts, please do not hesitate to contact Philippa Byam-Cook on 0208 332 7532 or by email on email@example.com.
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For further information or to speak to one of our experts please call us on 020 8940 8115
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