trusts
Trusts can be set up in a person’s lifetime. They can also arise on death under the terms of a Will, or if there is no Will, under the Intestacy Rules if any beneficiary is under 18 years of age.
The new rules introduced by Finance Act 2006 are complex and have wide ranging effect on trust structures both old and new.
If you want to set up a lifetime trust to manage your assets for someone else’s benefit, you should choose an experienced solicitor to write the deed of trust on your behalf and also advise on the tax and administration implications connected to it.
Ridley and Hall can assist you with choosing the right kind of trust within your Will, setting up the correct trust in your lifetime, and your duties if you have been appointed as a Trustee under an established Trust.
In addition you can appoint one or more of our partners to act as trustee for any trust you wish to set up.
For details of our pricing structure or to make an appointment please call us on 01484 538421 or contact Sue Cash , Hilary Sisson. or Jill Waddington