Within the Tax and Estate Planning department we have wide experience and specialist knowledge of trust law and practice.

Trusts can be useful structures to

  • hold money or property for children until they reach a specified age, or at the discretion of the trustees;
  • protect a vulnerable individual;
  • transfer private company shares to the next generation, whilst retaining control of shares and voting rights;
  • transfer money or property to others in a tax efficient way without losing control
  • provide an income for a beneficiary while protecting capital for another

We can advise on

  • the creation of new trust structures;
  • the tax implications;
  • reporting requirements;
  • the terms of existing trusts;
  • any changes that are needed to an existing trust;
  • the effect of new legislation on your trust;
  • changing trustees;
  • trustees’ duties and responsibilities;
  • beneficiaries’ rights;
  • disputes about trusts.

The efficient ongoing management of a trust is an important aspect of the trustees’ duties and we can also assist with that. For further information please see the trust administration page.

Please click here for information on Wills, Trusts and Estates Dispute Resolution.