Trusts and trust funds
During your lifetime or upon your death you may wish to, or need to, make provision in your will for your family's present and future. One of the most usual methods employed is to create a Trust Fund. These can also be very useful for tax planning purposes, especially when it comes to probate.
There are two major types of trust; interest in possession and discretionary. We can advise on the selection of the right type of trust and the correct creation of the trust to ensure your requirements are met both now and during the lifetime of the trust.
If you have children under the age of 18, or a child who is disabled and will require ongoing care, it may be preferable to provide for them in a trust fund.
Other uses of trust funds include marriage settlements, settlements for a second spouse and adult children from a previous relationship and inheritance tax efficient trusts.
For more information and guidance on this important area of private client law please contact us at our Shoreham-by-Sea offices.
How to make a will or get help with any probate matter
Everybody needs to put a proper will in place and think about arrangements after you have gone. Proper advice from an experienced solicitor will ensure that your family and friends do not face upset or uncertainty when you are no longer in a position to make your wishes clear.
You can review our Private Client Services Department People, Services and Fees here.
Asking us for help could not be easier; you can contact the Shoreham-by-Sea office, or use our online priority enquiry form.