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Trusts are useful mechanisms whereby money is held by Trustees on behalf of beneficiaries. Trusts can be created in your lifetime or upon your death via your Will. There are several types of Trusts serving different purposes. The trustees can be family members or friends, or professional trustees such as accountants, solicitors or a Trust company. They will hold the Trust Fund and act in accordance with the terms of the Trust deed or Will.
Examples of why you might consider setting up a Trust Fund or Account are:
At Forbes Solicitors we can advise you on all aspects of Trusts, whether it be advising on tax implications or Trust Deeds, administering a Trust or winding up a Trust. We are also happy to act as Trustees and regularly do so for our clients.
25 Jul 2018
Wills, Probate, Tax & Trusts
Excellent in every way.
Thank you to Patricia Prescott and her staff who dealt patiently and efficiently with my many queries.
All staff were helpful and approachable. Victoria Motley made what is a daunting experience bearable.
The staff were very friendly and approachable.
There was a quick and clear response to all questions raised.
The service I received from Victoria Motley was excellent.
Thanks to Victoria Motley. Very professional and efficient firm.
Everything was explained fully to us in terms we understood. Thank you Jennifer for making things so easy for us.
Approachable, professional and friendly service. A strong combination, thank you.
May I personally thank you for your professionalism and courtesy throughout our meetings.
The service provided was first class