Creating a trust

There are several key reasons why you may wish to create a trust. The most common reasons for creating a trust are:

  • Inheritance tax planning
  • To protect a vulnerable individual
  • To keep assets in the family

Woodstock Solicitors can advise on all aspects of trust creation, including whether or not a trust is suitable for your circumstances and if so, which type of trust is most appropriate.

We can prepare the trust deed to bring the trust into effect and deal with the transfer of assets to the newly appointed trustees.

Trust management service

Woodstock Solicitors offer a full trust management service for trustees.

Our fixed fee service includes:

  • Preparation of annual trust accounts
  • Annual review meeting with trustees
  • Liaising with accountants, investment managers and property managers
  • Liaising with beneficiaries
  • Monitoring key trust deadlines and events

Trust documents

During the lifetime of a trust certain events must be formally documented.
Trust events that normally require a formal document include:

  • Change of trustees
  • Paying out trust assets to beneficiaries
  • Recording a trustees’ resolution
  • Rearranging the trust
  • Bringing the trust to an end

At Woodstock Solicitors we can prepare trust documents tailored to the terms of your trust. Most documents can be prepared on a fixed-fee basis.

Advice for trustees

If you are a trustee we can advise you on any aspect of your legal rights and responsibilities. Whether you wish us to explain the terms of your trust in plain English or deal with a particular query, we can assist.

We offer many of our trust services on a fixed-fee basis. Please see our price list for more details.

Call or email us and arrange your no-obligation free initial meeting.


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