Trust Creation and Administration
Call me on 01245 203902
Trust Creation and Administration
My experience over 25 years is that the purpose of using a trust can often be misunderstood. Many believe a trust to be a magical device that will save vast amounts of money in tax and shelter assets away from HMRC. Often this is untrue, but they certainly have their uses.
Some of the areas I can help you with are as follows:
Types of Trust
There are several types of trust that can be used in different circumstances. Read more >
HM Revenue and Customs' Trust Registration Scheme ("TRS")
This register came into being in 2017 and it became compulsory for most trusts to be registered on this in 2020. A lot of people are unaware of this. Read more >
Administering trusts
Some trusts do not require vast amouts of work every year, whereas others require the trustees to be relatively active. Read more >
Terminating trusts
A trust may come to an end on a specific date or event occuring and other trusts are terminated bya decision of the trustees. Read more >
Retirement and Appointment of Trustees
The circumstances of trustees, like many other individuals change and sometimes they simply dont wish to be trustees any more. I can help with any retirements of outgoing trustees and appointment of a new trustee or trustees. Read more >
Removal of a Trustee who has lost mental capacity
This can often be tricky and it is not a case of a Deed of Retirement and/or Appointment being sigend. I can help with removing an incapable trustee. Read more >
About me - Wills Probate Solicitor Essex
I am a Private Client Solicitor with 25 years of experience in looking after clients in this field. Private Client work covers a large number of areas including Will drafting, estate/Probate administration, Inheritance Tax advice, preparation and registration of Lasting Powers of Attorney, trust administration and various other areas.
I have been the Senior Partner of a well respected firm in Chelmsford, Essex and have acted for a large number of high net worth clients over the course of time, many of who have not had simple or easy situations to cater for. I have drafted thousands of Wills, have dealt with hundreds of estates and really enjoy ensuring that clients are properly looked after in the best way that leaves nothing to chance.
I have acted for a large variety of clients over the course of time including multi-millionaires, farmers, business owners and those of more modest means.
Latest Articles
Trusts – HMRC Trust Registration Service – Do you need to register your trust?
Is it necessary to register all trusts with HM Revenue and Customs? CONTENT COMING SOON.
Wills and Estate Planning – Should you own your home as joint tenants or tenants in common?
Joint tenants or tenants in common - does it matter? CONTENT COMING SOON.
Trusts – How can a trustee be removed from a trust if they have lost mental capacity?
How can a Trustee be removed if theY have LOST MENTAL CAPACITY? CONTENT COMING SOON.
Call me on 01245 203902
Private Client Services
Wills and Estate Planning
Probate & Estate Administration
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