Our solicitors can guide you through every aspect of setting up and managing trusts, or unravelling problems with existing trusts
A Trust is a way to ring-fence funds and assets, limiting their use to certain purposes or for the benefit of specified people. Common reasons for setting them up include:
- You want to manage your assets in a tax-efficient way
- You want to provide for the future of children, grandchildren or vulnerable dependants
Practical and personalised advice
Our experienced private client team will give practical, tailored advice on whether a trust is suitable for you and your family and how to set one up.
We’ll always look to avoid unnecessary complexity in our advice and suggested solutions, and will take you through all the steps of:
- Using trusts in inheritance tax planning
- Setting up trusts and understanding any tax implications
- Appointing trustees
- Ongoing management and administration
- Making payments from trust funds or transferring assets into trusts
- Winding up a trust and managing the final distribution or transfer of assets, and liaise with other professional advisors regarding the tax and accounting requirements
Choosing the most appropriate trust
We’ll also explain the different types of trusts and their uses, for example:
- Discretionary trusts – give trustees flexibility to decide how and when to provide for beneficiaries. They’re often used to protect assets and adapt to changing family circumstances.
- Trusts for children or grandchildren – help safeguard inheritances, particularly in blended families.
- Trusts for vulnerable dependants – ensure funds are managed responsibly for those who need extra support.
- Liferent trusts – allow someone to benefit from income or use of assets during their lifetime, while preserving the capital for others later.
- Charitable trusts – a way to support causes you care about in a structured, tax-efficient way. We can advise you alongside our specialised charity law team who can help set these up, ensure compliance, and advise on ongoing governance.
The Lindsays team work incredibly hard to obtain the best outcome for their clients, with client focus being at the forefront of their work.
Meet the team
We help you put clear plans in place for your family, your assets, and your wishes. That includes wills, executries, powers of attorney, trusts and tax-aware planning, explained in plain language, at your pace.
