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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.
You searched for Advising on the Creation and Administration of Lifetime Trusts and Those Arising on Death specialists. Here are related areas of law to help you narrow down your results.
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Tagged solicitor Marjorie Creek
Marjorie has been fantastic from start to finish. She is efficient, kind and adds some humour whilst staying very professional. Would definitely recommend her to anyone
Review left by Debs Mccoy
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Tagged solicitor Kate Pambos
The whole experience was very easy. Kate put us at ease straight away, and was very professional and friendly. Would highly recommend her services.
Review left by P. Avril Peters
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Tagged solicitor Mark Feely
My sister and I needed to sell our parents home following them having to move into a care home, and chose Mark Feely was very highly recommended by a family member. We had a difficult journey with buyers and buyers solicitors. Mark was amazing and dealt with everything, and rather than playing pass the email back and forth, he talked to people and resolved the endless issues as they arose. He took time to ask as to how our parents were doing and could not have been more kind and supportive to us at this very difficult time. We wish we could give more than five stars.
Review left by Lynda Dovey
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Tagged solicitor Sonia Azam
Sonia helped us and provided us with our wills and power of attorney. Sonia was very professional and explained everything really well so was easy for us to understand. I would have to hesitation in recommending Sonia. As we were extremely happy with her promt professional service
Review left by Sharon Jennings
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Tagged solicitor Jonathan Edwards
Thank you for all your help and assistance in dealing with getting probate for my late Fathers estate. Everyone was very friendly + helpful which was such a stressful time.
Review left by Penelope
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Tagged solicitor Chaanah Patton
We first used the conveyancing department of Taylor Emmet over 20 years ago when buying our property, and were then introduced to Chaanah Patton for making our wills. Ten years later she advised us in matters relating to trusts and powers of Attorney, and most recently for the updating of our Lasting Powers of Attorney. We have always found her friendly, helpful, knowledgeable and utterly professional and would not hesitate to recommend her to anyone.
Review left by anonymous
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Tagged solicitor Julie Brown
All completed without fuss. We had a wonderful conversation about the Welsh alphabet and the translation on my will into Melanesian.
Review left by David Idris,
