Will Trusts

Trusts

Research indicates that people who set up Trusts generally do so out of a greater concern to retain some control over their assets and to preserve assets for future generations rather than purely to save tax.

As part of an overall consideration of an individual’s affairs, it is necessary not only to consider the setting up of Trusts in a Will but also the setting up of Trusts and other arrangements whilst a person is alive.

A Trust can be used to:-

  • Protect a family business or home.
  • To delay a child’s inheritance until they reach a certain age, protecting them from their own immaturity on unhealthy outside influences.
  • Control and administer family welfare over a period of time.
  • Make long term provision for people unable to manage their own affairs.
  • Make provision for second families.
  • Mitigate or plan against capital gains tax or inheritance tax.

Our expert lawyers can assist on all aspects of Trusts and can advise on all matters such as:-

  • The creations, variation and termination of Trusts.
  • The taxation issues surrounding Trusts.
  • The appointment, retirement or removal of Trustees.
  • Advising Trustees generally on their responsibilities and duties.
  • Trust accounting.
  • Managing a Trust.

Please contact our lawyers at our offices in Chichester on 01243 778844, Bognor Regis on 01243 864001 and Worthing on 01903 228200.

profile-pic
Wills, Tax and Probate
No available information
Rhiannon is a Partner within the firm's Private Client Department based in the Bognor Office. Rhiann...
profile-pic
Wills, Tax and Probate
No available information
Caroline is a senior solicitor in the Wills Tax and Probate department of the Chichester office. Car...
No users match your search. Please try again.
profile-pic
No available information
Maria qualified as a solicitor in 2006 and joined Wannops’ private client team in 2018 having worke...
profile-pic
Wills, Tax and Probate
No available information
Jo is a Solicitor in the Private Client Department at our Worthing Office. Jo qualified as a Solicit...
No users match your search. Please try again.
No users match your search. Please try again.
profile-pic
Wills, Tax and Probate
No available information
Kelly is a Solicitor within the firm's Private Client Department based in the Bognor Office. Kelly g...
profile-pic
Wills, Tax and Probate
No available information
Serena has been with Wannops since 2004, when she began training as a Solicitor in the Chichester of...
profile-pic
Wills, Tax and Probate
No available information
Susan’s time is dedicated to Private Client work encompassing a wide variety of matters. Susan’s day...