Sandhu & Shah
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Ss Basi & Co LLP
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Lifetime trusts are trusts created during a person’s lifetime to hold and manage assets for beneficiaries. A solicitor in this area drafts the trust deed, registers the trust with the appropriate institutions, and arranges for assets to be transferred into the trust. They also advise on duties of trustees, potential tax implications, and how the trust might affect wills, death benefits and future access to assets.
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