Trusts are often established as part of the estate planning process, and can be used as a tax-efficient means of passing on assets such as land, money and shares. They allow the person responsible for setting up the trust to retain a degree of control as to the way in which the assets which are placed in trust are to be managed for the beneficiaries.
Due to the laws surrounding trusts and estate planning being complex, those wishing to asset up trusts, or have one incorporated into their will, often need to secure the services of a solicitor. The solicitors at Farleys are thoroughly experienced in all aspects of wills and trusts and are on hand to provide you with constructive advice and guidance.