Have you been appointed as a trustee and are looking for information and advice, or are you seeking to set up a trust yourself? Whatever your situation, our Sheffield trusts solicitors have the legal expertise to help you through the process.
A trust is an arrangement where property or assets are held by an individual for the benefit of another. Most trusts are established during a person's lifetime, but it is also possible to leave instructions for one in your Will. Whatever your plans, it is important to have a legal document drawn up to help avoid any disputes in the future.
Our solicitors can assist with the following matters:
Advice on appointing trustees
Advice on tax efficient trusts
Advising on any tax implications
Distributing the funds to the beneficiaries at the correct time
Setting up a new trust
Although many individuals appoint friends or relatives as trustees, doing so is not without risk. We recommend appointing an independent party to help administer a trust as the neutral standpoint can help to avoid any family conflicts arising in the future. Appointing a solicitor to the role also means that we can assist with the tax-efficiency of the trust.
To speak to one of our Sheffield trusts solicitors, call our team using the telephone number below or complete the form to the right and we will call you back.
PM Law
Tel: 0333 4008 172
For You. For your Family. For your Future.
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