Trusts
TRUSTS SOLICITORS EAST LONDON
Trust Advice
A trust is created when someone gives assets to other people, the trustees, to hold, not for their own benefit, but for the benefit of others – the beneficiaries.
Trusts can be set up during a person’s lifetime or on their death via their Will or Intestacy
There are a variety of trusts which our trust lawyers can create, including:
- Bare Trusts
- Life Interest Trusts
- Discretionary Trusts
- Charitable Trusts
Trust Administration
Once the trust has been correctly established, the trustees have an on-going duty to administer the trust in the best interests of the beneficiaries.
Our trust law solicitors assist in the trust administration and ensure compliance with all duties and regulations imposed on trusts and trustees.
We can assist with:
- Record keeping, including trustees’ meetings and resolutions
- Tax Returns
- Annual Accounts
- Ensuring tax efficiency regarding income and payments out of the trust, and the structure of the trust itself
- Advising on trustees’ duties and responsibilities
Power of attorney
If you need a competent and affordable power of attorney service in East London, whether for a general or lasting power of attorney, please get in touch.