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The point of a trust is to place specific assets or wealth under the control of a person, or people, appointed by you. These appointees are then responsible for the management of the trust, in accordance with your wishes, even after your death.
This means it is vital to firstly appoint the right trustees, and secondly to make instructions for the management of the trust as clear and detailed as possible. Scotts Hall & Birtles Solicitors can help you with all of these processes, ensuring that those involved are fully aware of their obligations and responsibilities.
Our highly experienced team can advise both you and your trustees with regard to the duties required, and the personal risk and liability being assumed. We can undertake the work necessary to set up the trust, and offer guidance in its ongoing management. We can also help ensure that the trust is created and structured in the most tax efficient way possible. All of these services are provided with complete discretion, and respect of the fact that each personal wealth situation is entirely unique.
As a local law firm, we have over 180 years of experience in assisting clients across North Yorkshire and the surrounding regions. In engaging our services, you can rest assured that our advice and guidance is based in expert knowledge, and deep, historical ties to the area.
If you would like any further information about how we can help you with your trust, please contact our team today.
