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Testamentary trusts cover trusts created by a person’s will that take effect after their death. A solicitor practicing in this area drafts, reviews and refines the will to set up the trust, appoints or executors and trustees, defines who benefits and how distributions are made, and sets any powers or restrictions on trustees. They also help with registering the trust for tax purposes, advise on IHT and other taxes, and handle the arrival of assets into the trust on death, liaising with executors and beneficiaries throughout the process.
A testamentary trust is created by a will and managed by trustees after death. A solicitor provides professional oversight, ensures the trust terms are clear and enforceable, coordinates the transfer of assets into the trust, addresses tax implications, and handles regulatory requirements such as safeguarding client funds and reporting to the appropriate tax authorities.
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Tagged solicitors Jodie Smith and Kimberley Sheung Kong
Another great service from N Legal who have just dealt with my probate and late mothers estate, the process was completely stress free, very fast and effectively efficient especially during these difficult times. I have been using the services of N Legal Solicitors for nearly two decades. First when I was a Sales Negotiator at a local estate agency, and since then, I have turned to their expertise multiple times for both buying and selling properties. Their service is consistently professional, communication is outstanding, and their attention to detail is exceptional. Kim and the team have always made me feel secure and supported throughout the entire process. Legal matters can be incredibly time-consuming and often confusing. Kim demonstrates both deep expertise and a confident ability to handle cases across various areas of law. I wholeheartedly recommend N Legal to anyone in need of legal advice.
Review left by Lee Matthews
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Tagged solicitor Leanne Parkinson
I met Leanne recently regarding my LPA and she was absolutely brilliant. Leanne made me feel instantly at ease and explained the process very clearly. When I encountered a small issue she persisted until it was resolved and I can’t thank her enough. As a long standing client of Hartlaw LLP I would definitely recommend.
Review left by Jacqueline Bell
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Tagged solicitor Matthew Nicholls
A lengthy probate situation handled carefully and the conveyancing met with many delays caused by the involvement of a management company and their interest in the leasehold property. Eventually overcome and completed
Review left by Anonymous
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Tagged solicitor Roy Mason
OUTSTANDING is the best way to describe the service I received, you were professional reliable , efficient, great communication, genuine care & support . Words can not express how grateful I am for the wonderful service from Roy & Diane . I have sold three properties over the past two years due to bereavement , Roy has gone above and beyond, he is a honest never fails to keep you in the loop .Definitely would recommend . Thank you again
Review left by Andrea Davy
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Tagged solicitor Khizar Hussain
Very distressing, personal, hurtful, horrible experience that " Dynasty" helped me through .. I so hope my " Friend" sorts themselves out.. unacceptable behaviours..
Review left by Anonymous
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Tagged solicitor Nick O'Sullivan
We recently engaged Nick O'Sullivan to provide us with estate planning and wills. He spent time to understand us and help us understand what we need and how to protect ourselves and our family in future life. We can't recommend the firm enough!
Review left by Stephen