Simper Law

Trust Solicitors
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Simper Law Trust Solicitors

A trust is a way to manage money, land, property or investments for yourself, family, or anyone else that you would like to benefit. When assets are placed in a trust, they are then under the control of the ‘Trustees’ or appointed persons. The Trustees manage the trust according to your instructions, both while you’re living and after your death.

Please call us now on 01603 672222 for a no-obligation conversation today or Click Here To Make An Online Enquiry.

Trusts

A Trust can be used to do the following:

  • Pass assets to loved ones
  • Fund education for children and grandchildren
  • Reduce Inheritance tax payments
  • Protect assets from divorcing partners or creditors
  • Provide for vulnerable loved ones
  • Provide for children and/or partners from other relationships

Assets under a Trust can still generate income which can remain within the Trust or be paid to its beneficiaries. For example, properties can charge rent; shares can collect dividends, and money can generate interest. Assets can increase and decrease in value while in a Trust, and it is up to the Trustees to manage this in the best interest of the beneficiaries.

Who can be a beneficiary of a Trust?

You can choose almost anyone to be a beneficiary including:

  • A specific individual
  • A class of people, such as ‘children’ or grandchildren’ – these can include those not born yet
  • A charity or charities
  • Another body of people, such as a sports club or company

Beneficiaries can also be the Trustees of the Trust that they benefit from, but it is best to have a non-beneficiary for a Trust that gives a beneficiary a lot of freedom. This will make sure the Trust is administered in the way that you intend.

How do I set up a Trust?

Trusts can be complex, because they must be worded precisely to ensure that all your legal needs are met. We can advise you on all aspects of Trust administration, including:

  • Trustee powers and responsibilities
  • Trusts for children under 18
  • Protecting assets from creditors
  • Tax planning and the taxation of Trusts

You will need to complete a document called a Declaration of Trust, so it is useful if you can consider the following before meeting with a Trust Solicitor:

  • Who will be the Trustee/s
  • Who will be the beneficiary/beneficiaries
  • The assets that will be put into the Trust
  • How you would like the assets to be managed
  • How you would like the benefits to be distributed

We can advise you on all of these decisions, in order that your Trust works in the best way possible for you and the beneficiaries.

What can I put in a Trust?

Any asset that your own can be put into a Trust, including land and real estate, personal property such as art or jewellery, financial assets such as money, stocks and shares and life insurance. Assets can be put into a Trust while you’re alive, or it can be stated within your will that they go into the Trust upon your death.

We know that everyone’s situation is different, and our specialist Trust Solicitors will work with you to deliver a unique plan that fits your needs and requirements. We will provide you with practical advice on creating, managing, changing ad ending your Trust.

Please call us now on 01603 672222 for a no-obligation conversation today or Click Here To Make An Online Enquiry.

Testimonials

"You couldn’t improve the service, it was faultless. I found dealing with Simper Law an absolute pleasure from the first phone call to completion of my Will. Everyone I spoke  to was helpful and friendly and Kim made the whole process easy and stress free. Many thanks and I won’t hesitate to recommend you."

Client: Mrs Loveday

"Very informative and clear. The Solicitor fully understood out requirements. Everything was completed to our satisafction in a suitable timeframe. The service and the delivery of the service was exemplary. First class from all concerned. It was apparent from the first meeting that we had chosen well in approaching Simper Law. First class knowledge and customer care at all times. Very attentative, helpful and efficient."

Client: Mr and Mrs Hall

“Nothing could be improved with the service. Extremely satisfied.”

Client: Mrs B Laidler

“Our Wills were dealt with very quickly. Thank you, Sally.”

Client: Mr & Mrs F.

“We saw Sally Riches for assistance in drawing up new Wills and Lasting Powers of Attorney. Our objectives were completely understood and Sally went the extra mile in providing a good service for us. Sally is friendly, knowledgeable and efficient. Thank you for all your help.”

Client: Mr & Mrs J.

“I was delighted by the prompt response and the friendly helpful service we received. Thank you.”

Client: Mr & Mrs Hannant

"Victoria is the perfect Solicitor and will fight your corner every step of the way. Victoria has a way of making you feel at ease and you are made to feel like you are the most important person in the world, I highly recommend Simper Law."

Client: Tracey Bellward

"Victoria was able to take the emotion out of my case and look at it objectively, with a view to minimising my costs. I’ve worked with a few Solicitors in the past who take the opposite approach. I’m more than happy to recommend and pass on to friends and family."

Client: John Graham

"I would like to pass on my thanks to the team at Simper Law for the handling of an outstanding debt to my business.
Victoria was able to achieve more in a week than I was able to in a year! I cannot fault the level of customer service or professionalism throughout the process and what sometimes can be a very stressful procedure was anything but. If I have another issue like this arises in the future then Simper Law will be my first point of call and I would recommend them to family, friends and colleagues without hesitation."

Client: Niall Secker

"I'm so very grateful to Kim and her team for helping me to make a will that covered my wishes. Kim is a naturally caring person and made me feel at ease from the start. All questions were answered factually, but with compassion. Now I feel I can rest at ease in the knowledge that all is in order on this front. I was very worried at the idea of this experience, but I had no need to be -at all."

Client: Anthony Joseph

"I would like to thank Kim for her patience and advice in putting together a somewhat complicated Will and have no hesitation whatever in recommending Simper Law to anyone needed a friendly professional service."

Client: Doreen Avellino

"Best Solicitors I’ve dealt with, friendly, very easy to deal with and never trying to get you to do something you didn’t want. Exceptional."

Client: Paul Horrex

"Outstanding service from all at Simper Law- A total pleasure to deal with from first contact to completion. Not only professional in all respects, but just the right touch to leave you confident and completely at ease. Kim and her lovely team offer an impressive service second to none."

Client: Carol Rose

"I highly recommend Sally Riches at Simper Law. Her dealings with me throughout the Will writing process were professional, timely, efficient, helpful, clear and pleasant.
It was a task I was dreading and Sally made it easier and more effortless than I imagined it could be. Thank you."

Client: Sandra Boatman

"Thanks again Danielle- you’ve done a fantastic job on this - great communication and professional efficiency throughout the process for which we are very grateful."

Client: Sally Burrell

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