Trusts And Estate Planning

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Trusts And Estate Planning

A trust is an arrangement where assets like property, shares, or money are transferred to a trustee (or trustees) to manage on behalf of one or more beneficiaries. The trustees are tasked with ensuring that the wishes of the settlor (the person who establishes the trust) are fulfilled. This process is a key component of trusts and estate planning.

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Why are Trusts useful?

Trust law is used in order to avoid or address specific financial or property problems. It allows for control and distribution of assets by nominated trustees, which means they are viable for both personal and commercial uses. The two key areas trusts are used for are domestic matters (such as family assets) and taxation.

How Arlingsworth can help

Our experts will assess your specific needs and assist in the creation of the Trust, ensuring what we create is compliant with the essential legal formalities. We’ll ensure your Trust is valid and operates effectively in accordance with the settlor’s intentions.

Breach of Trust

Being a trustee is an onerous role as there are specific duties which all trustees must observe and comply with. Failure to do so may lead to the trustee or trustees incurring liability (e.g. for breach of trust or fiduciary duty).

Our team are on hand to advise both trustees and beneficiaries on their respective positions in respect to any actual or potential breaches which may have occurred.

Get the legal assistance you need today

If you need help with creating a Trust, you can call our expert solicitors 7 days a week. with offices in Brighton and London, we cover         the whole of the South East. If you would like to speak to a member of our experienced legal team today please call us on                01273 696962 or click the button below to request a callback.

 
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