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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 solicitor Franchesca Turnbull
Smooth process, refreshing and friendly and had great legal knowledge. Would recommend this firm to others.
Review left by anonymous
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Tagged solicitor Rafia Faruk
Rafia has always been very helpful and explained any queries clearly,especially with regards to husband and my wills. My husband has since passed away, and she gave me the same excellent service when it was necessary to amend my will.
Review left by Anonymous
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Tagged solicitor Lucy McKenna
Lucy was extremely professional and used great communication throughout my time with her working on my case. She was always ready to listen and took on board all of my decisions with great care. The service was quick and I was always informed if every step and actions taken. I can't recommend her highly enough and when would be my first port of call, if I needed her devices again. A pleasure working with her and her company through a very difficult time.
Review left by Fiona,
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Tagged solicitor Sandip Kaur
Sandy is extremely helpful and explains matters in an easy to understand way. Clear advice on writing wills and forming trusts to suit our particular situation and with regard to inheritance tax.
Review left by Chris and Jane Kirkman
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Tagged solicitor Maliha Khan
Brilliant work done. Explained everything to my elderly parents each step and made the whole process easy and stressless. Thank you and highly recommended!!
Review left by Jesh,
