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Trusts solicitors handle the creation, administration and winding up of trusts. They typically draft trust deeds, appoint trustees, and advise on the tax and inheritance implications, including succession planning, capital gains and income tax regimes. They also administer trusts: gathering assets, registering them, dealing with beneficiaries, preparing accounts, and negotiating distributions. They liaise with executors, trustees and beneficiaries, and may oversee claims against trusts, variations, and disputes, ensuring fiduciary duties are met and assets are protected over time.
