Trusts

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Trusts Solicitors

At GN Law, our Trusts Solicitors in London understand that you want your assets to benefit the people and causes you care about. Trusts offer a powerful tool for managing your wealth and ensuring your wishes are carried out effectively.

What is a Trust?

A trust is a legal arrangement where you transfer ownership of assets (such as property, investments, or cash) to trustees. These trustees then manage and distribute the assets according to your specific instructions, for the benefit of named beneficiaries. Trusts can be established during your lifetime or through your will.

How can we help?

Our experienced team of Trusts Solicitors can guide you through the process of creating a trust. We’ll work closely with you to understand your family circumstances, financial objectives, and desired outcomes for your assets.

Trusts offer a variety of advantages, including:

  • Protecting Your Legacy: Trusts can shield assets from inheritance tax, maximising the value passed on to your loved ones.
  • Providing for Dependents: Trusts can provide financial security for vulnerable beneficiaries, such as young children or disabled individuals.
  • Tax Planning: Trusts can be used to minimise your tax liability, including income tax, capital gains tax, and inheritance tax.
  • Maintaining Control: You can appoint trusted individuals to manage assets according to your wishes, for instance where a beneficiary is unable to do that themselves.
  • Asset Protection: Trusts can help safeguard assets from potential creditors, divorce settlements, or long-term care costs.
  • Holding Assets for Children: Trusts can be established to hold assets for a child until they reach a specific age, such as 18, 21, 25, or even later.

Tailored Trust Solutions for Your Needs

Trusts offer a versatile tool for estate planning. At GN Law, our dedicated Trusts Team works closely with specialists in Power of Attorney and Wills to ensure that we have a comprehensive understanding of your overall estate planning goals and deliver on your objectives.

If you’re considering a trust as part of your estate planning strategy, we can help by discussing your specific situation and answering any questions you may have. If you would like more information and advice, please contact our Trusts Team on 020 8492 2290 or email us at sols@gnlaw.co.uk.

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