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"...over 100 years collective experience in the establishment of trusts"


What is a trust?

A trust can be likened to a long term contract, and has three basic parties to it, the…

  • Settlor(s),
  • The Trustee(s).
  • The Beneficiary(ies).

What does each party do?

  • The Settlor gifts assets to the Trustees and charges them to look after those assets for the future benefit of certain persons (the Beneficiaries).
  • The Trustees hold title to the assets they ‘supervise’, but are not permitted by the law to deal with them as if they were their own.
  • The Beneficiaries as the term implies receive the benefits of the trust.

Once gifted, the assets no longer form part of the general estate (possessions) of the Settlor, whilst the beneficiaries do not own the assets; they are entitled to benefit from them.

What can trusts be used for?

Trusts have many different primary uses, and are exceptionally flexible vehicles for holding and protecting family assets or wealth. the following are some of their uses. 

  • Protection of assets.
  • The transmission of wealth between generations.
  • In some circumstances it can reduce the need or reduce the amount of inheritance or corporation tax that needs to be paid.
  • It can assist in the maintenance of minors
  • It can assist in the maintenance of persons who are incapacitated or incapable of looking after their own affairs.
  • It can help avoidance of forced heirship provisions.

How can we help you? 

  • The services of a member of the Society of Trust and Estate Practitioners who understands this very complex area.
  • We will provide a detailed analysis and costing.
  • We provide a full trust administration service.
  • We have extensive collective experience in acting as professional trustees.
  • We have an in house corporate trustee company which can accept appointment as Trustee.
  • We can explain to people who become Trustees and who may need support to fully understand the legal responsibilities that a Trustee carries.
  • We undertake all aspects of trust accounting and tax returns

get in touch - 01434 601133 -