Trusts can help to protect your assets for the benefit of your family whether you have a complicated family arrangement with children from previous relationships, or perhaps a child with physical or learning disabilities.
Thorneycroft Solicitors, based in Macclesfield, Buxton, Holmes Chapel and Whaley Bridge have an expert team of Wills, Trust and Probate solicitors who specialise in advising on Trusts. We provide our clients with a sensitive and sympathetic service and will guide you through the process from start to finish. Our team is led by a member of STEP (Society of Trust and Estate Practitioners) who can act as a professional attorney if required.
What is a Trust?
A Trust allows you to efficiently preserve your assets to help benefit your family, especially in later life or after your death. They have their own system of taxation and can offer an efficient way of estate planning and managing inheritance tax.
Our expert team offers comprehensive advice and guidance on trusts and estate planning including a full trust administration service for new and existing trusts.
What are the benefits of setting up a Trust?
- Inheritance Tax efficiency (IHT)
- Asset protection should you need residential care
- Asset protection for family following divorce
- Means-tested benefits could be protected
- Any awards for personal injury damages protected
- Preserving assets of family members with disabilities
As well as setting up trust we can also do the associated administration such as:
- Booking trustee meetings
- Organising distribution of income and capital
- Arranging investment reviews
- Producing annual account and tax returns
- Find out how to set up a Trust for your family
It is worth taking the time now to discuss what options are available to you to give you peace of mind and reassurance that your affairs will be well looked after should anything happen to you.
At Thorneycroft Solicitors, we aim to have your best interests at heart and tailor our services to your individual needs because every family is unique.
If you would like to know more, or would like to book an initial FREE consultation, speak to us today, we are happy to arrange to visit you at home.
