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Trust Services

Trusts are a legal arrangement set up by deed which allow you to place money, property or assets under control of your Trustees. Trusts can help protect and manage your property and affairs against tax and care home fees as well as provide for your family. Types of trusts include:

  • Bare Trusts
  • Discretionary Trusts
  • Trusts for children
  • Trusts for disabled & vulnerable
  • Personal Injury Trusts

Why you need a Trust?

Trusts can be used in several different circumstances including tax efficient estate planning, to provide for children’s education, to avoid complications of estate administration on death, to protect your family members from inheriting too early and for charitable purposes.  A trust within a will can protect disabled relatives or vulnerable children.

Where an award of damages has been made to a person who has sustained a personal injury and who has mental capacity, the setting up of a personal injury trust ensures that means tested benefits can continue to be received.

How can we help?

At City Lawyers we can advise on the particular type of trust suited to your needs and the appointment of your trustees. We will draft the trust document and help execute the trust.  We can register the trust with HM Revenue & Customs paying any tax required upon creation and assist with finding financial advisers to help invest the funds. We have the expertise to act as professional trustees if you require.

What to do now?

Please contact us today on 01727 228 890 or email enquiries@city-lawyers.com

 
 

City Lawyers is the trading name of City Lawyers (Personal Injury) Limited, a limited liability company registered in England and Wales under number 06901117,
which is authorised and regulated by the Solicitors Regulation Authority. The registered office is Suite 2, Phoenix House, 63 Campfield Road, St Albans, Herts AL1 5FL.

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