S E R V I C E

TRUSTS

Family trusts are an excellent way to protect your assets for the long term so that you and your family can have peace of mind over your financial security now and in the future.

How Is A Trust Created?

A trust is created when a person (the settlor) transfers property to people (known as trustees). Trustees are obliged by law to use the property for purposes that the settlor has specified. Usually, one of these purposes is to make payments from the trust property to people (called beneficiaries).

What Is The Purpose Of A Trust?

Trusts are a popular and effective way to protect property and manage assets.

Family trusts are an excellent way to protect your assets for the long term so that you and your family can have peace of mind over your financial security now and in the future. It is important that the trust is set up for the right reasons and that it is administered correctly. When establishing a trust, you will need to understand the legal implications.

How We Help

We can help you determine whether a family trust is right for your circumstances and ensure you manage it correctly – to ensure your assets are protected.

Our trust lawyers can help you with the following areas of administering a trust:

Legal issues relating to trusts
Administration of trusts
Resettlement of trusts
Variations of trusts
Interpretation of trust deeds
Duties of trustees
Rights of beneficiaries
Implications of the use of trusts in corporate, family, or succession structures

Need a family trust specialist?

Get in touch today!

T R U S T S

Who We Help

If you are thinking of establishing a trust or need help with the administration of an existing trust, our team has extensive experience in family trust matters.

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Tips & Advice

Featured

Take Steps To Protect Your Assets Early

Ensure that you take steps to protect your assets early. While you can sign a section 21 Contracting Out Agreement during the relationship.

Know Your Rights When It Comes To Your Assets

You should know your rights when it comes to your assets. Many people are not aware of the provisions of the Property (Relationships) Act.

FAQs

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What is the purpose of the Internal Protection Alternative?

The Internal Protection Alternative is a common law principle which has been applied to cases over time and has been developed in recent decades by countries to explain the limits of their legal obligations more carefully under the Convention.

I want to protect my assets – what can I do?

We can help you structure your asset ownership to help ensure that you retain maximum benefit. This may include setting up a Trust, entering into an agreement with the other party, a new Will. Whatever stage you’re at in your life – whether starting out or starting again after a divorce, we can help you.

What is the difference between a will and estate planning?

A Will is a binding document setting out how you want your assets distributed after your death.