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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.
A trust can fix how wealth passes to future generations or manage assets for vulnerable beneficiaries. The solicitor’s role is to ensure proper creation, accurate administration, clear accounting, and lawful distributions, with emphasis on protecting assets from improper use, navigating tax rules, and ensuring compliance with trust deeds, registers, and regulator expectations. Their involvement reduces the risk of mismanagement, misallocation, or disputes that could impact beneficiaries’ rights.
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We have found a review that matches your query
Tagged solicitor David Mulholland
We contacted Sherrards for assistance with a Lifetime Will Trust in respect of my late father's estate. David Mulholland was extremely knowledgeable and efficient. He took us through the registration process step by step. Any queries we had were dealt with promptly and satisfactorily, and the matter has now been concluded. We would definitely recommend.
Review left by J
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Tagged solicitor Annmarie Jones
Annmarie Jones steered my wife and I thought the complexities of will and trust construction ensuring we had an optimal structure to benefit our children. Working with Annmarie was a joy, whilst Annmarie is a consummate professional she also remains a truly empathetic individual and sympathetic to ones individual position. We highly recomend her.
Review left by Timothy Knight
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Tagged solicitor David Kitcat
I found David Kitcat professional and thorough when covering all relevant aspects associated with the preparation of my Will. He provided valuable advice that will enable me to plan ahead more effectively.
Review left by Anonymous