There are many circumstances for which the creation of a trust can be appropriate, either during lifetime or following a decease.
A trust can be created during lifetime or by Will and establishes a framework within which assets are held, to be managed by appointed Trustees for the benefit of named beneficiaries.
There are a number of different types of trust, some having more value for tax planning than others and the Private Client Department at George Ide LLP has particular expertise in deciding which type of trust is appropriate for a client’s individual requirements and tax position.
We are especially experienced in the creation of trusts to protect vulnerable beneficiaries with personal injury awards or who are in receipt of means tested DWP benefits.
We further advise on the establishment of charitable trusts and work overall to achieve whatever lifetime plan you wish to follow, for which our fees are highly competitive and transparent.
For more information on creation of trusts please contact our qualified investment advice solicitors at our North Street, Chichester offices. Alternatively, click through to find direct contact details for the solicitors featured on this page.