My downloadable guide provides an accessible introduction to the complex world of trusts and trusteeship within England and Wales. It outlines the historical context, legal framework, and practical considerations for establishing and managing trusts.
Trusts are versatile legal arrangements used for wealth protection, tax planning, estate management, and safeguarding vulnerable beneficiaries. The guide explains the three main types of trusts—Bare Trusts, Interest in Possession Trusts, and Discretionary Trusts—highlighting their key features, benefits, and tax implications.
It emphasises the importance of selecting suitable trustees, understanding their fiduciary duties, and complying with the Trustee Act 2000. Trustees must act prudently, maintain accurate records, and seek professional advice, particularly regarding investment decisions. The guide details investment principles such as diversification, suitability, and ongoing review, stressing the need for due diligence when appointing advisers.
Practical advice is provided on when trusts are appropriate, common pitfalls to avoid (such as so-called “Asset Protection Trusts”), and the risks of litigation for trustees.
Overall, this guide serves as a comprehensive resource for individuals considering trusts as part of their estate planning strategy, while underscoring the necessity of tailored legal and tax advice, which I can provide.
Let’s talk
If you think I may be able to help, you’re welcome to contact me by phone, WhatsApp, email, or through the online enquiry form. The phone and WhatsApp links only work fully if you’re viewing the site on your mobile phone.
If you want to discuss a possible new Trust and receive a quote, please complete this questionnaire.
If you want to discuss an existing Trust and receive a quote, please complete this questionnaire
Where the questionnaire asks for detailed figures, you may find it easier to provide copies of statements, valuations or other relevant documents instead. This is entirely acceptable, and many clients opt for this approach. I am happy to receive documents securely via Dropbox.
If you would like to use this option, please email me — or complete the enquiry form below — with your name and date of birth. Your date of birth (using the ddmmyyyy format) will be used only to password‑protect your personal Dropbox folder.
Your initial consultation is at my expense, your convenience, and without obligation. Consultations will generally be conducted online via Microsoft Teams or Zoom. After a preliminary conversation, if you live in or near Teesside, I can provide an at-home service if you prefer.