Trusts explained

A trust is a legal concept in English law where property is legally owned by one person, but held on trust for the benefit of another. For example, a grandparent may give a sum of money or a piece of property to be held upon trust for their grandchildren when they reach a certain age.

For a variety of reasons many people wish to transfer their home or other assets from their name into that of another, or change the way in which they hold joint assets. This may have specific advantages, but we recommend that you discuss all the relevant issues fully so that you are aware of all the risks and benefits.

We can set up simple pilot trusts, asset protection trusts or advise on the benefits of discretionary trusts.

 

Our services

It is of the utmost importance you use a trust that is the most beneficial to you. Our specialist solicitors are therefore on hand to provide the assistance you need to make the right decisions. Friendly and approachable, our team has the experience and skillset to ensure the trust you end up with is one that will benefit you and your family most. We provide:

  • An explanation of trusts and how to use them
  • Advice on how to use trusts in your will
  • An asset protection trust tailored to your personal circumstances
  • Inheritance tax implications for trusts

Get in touch

If you would like to know more about how our tailored services can best suit your needs, do not hesitate to get in touch. Although based in Greater Manchester, we can provide high-quality legal assistance to those who need it around the UK. Call us today on 0161 928 3848, or fill in the online contact form.

Testimonials

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Excellent, professional and caring. Michaela and her colleagues made the whole process very easy.

Ms A

I have been using McHale and Co for both the sake of my property and the purchase of my new home. Joy handled my sale and was extremely professional, helpful and persevered when dealing with my buyers solicitors who were less than professional to deal with.
Phillippa was equally professional and extremely knowledgeable on purchasing new build properties due to her years of experience in this specialist area. She was supportive and gave me confidence that I was getting a first class service. Would use them again and recommend to my friends and family.

Ms. S

…in the midst of the most stressful situations, I have never felt the need to ‘nudge’ or urge action, I have always been confident in the reliability and consistency in the service received, especially from Liz Connolly.

Ms B

Extremely satisfied, I have already recommended. I first used the Will drafting service – Helen Green – then probate… clearly happy!

Ms W

Excellent Service provided by Michaela. Detailed, professional and approachable.

Ms J

Michaela is professional and confident in her field and at the same time I felt completely relaxed in her presence, a great asset to McHale & Co.

Mrs P

Always, without fail, returned email/telephone calls promptly. Thank you.

Mr D

Professional and efficient service with a personal touch.

Mr Y

Grace has been very helpful dealing our whole family, arranging wills and lasting powers of attorney. Excellent service.

Mrs N

I am very glad that I found your office and especially Helen Green. I enjoy dealing with people who know what they are doing.

Mr S

Grace Kennedy was friendly, professional and knowledgeable. Updating our wills was a very smooth and efficient process.

Mr W

The service and communication provided by Michaela throughout the process of dealing with my mum’s estate has been exemplary.

Mr E

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