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This work covers the creation and ongoing administration of lifetime trusts and the trusts that arise when someone dies, including handling the transfer of assets into a trust, drafting the trust deed, managing trustees, and administering the estate or trust in line with the terms set out by the settlor or the will. A solicitor in this area drafts and reviews trust documents, advises on tax and funding of the trust, liaises with executors and beneficiaries, and, on death, oversees probate matters and the distribution of assets according to the trust or will. The work is shaped by the terms of the trust or will, UK tax rules, and the responsibilities of trustees and executors.
The solicitor ensures that the trust is valid and properly funded, that trustees understand and follow the trust terms, and that distributions and reporting are carried out in accordance with applicable law and the trust document. They provide guidance on tax issues (including inheritance tax and ongoing income tax), safeguard the interests of beneficiaries, maintain proper accounts, and handle any disputes or changes in trusteeship, all within regulatory and fiduciary standards designed to protect the client’s position and the integrity of the trust.
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Value for money
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Would recommend
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Value for money
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Would recommend
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Tagged solicitors Nicola Greenwell and Preya Gohil
Very prompt, efficient and polite. I found in all of my dealings that they are knowledgeable in their areas of law and have used them for a considerable time.
Review left by Clive
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Value for money
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Success rate
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Would recommend
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Tagged solicitor William Cowan
We can say we were completely satisfied with the service we have been given by your good self and Slade Legal. Particularly, we appreciated the sensitive and kind way that you showed in your dealings with my wife. We were very grateful for your understanding and help.
Review left by anonymous