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.

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I would like to commend Michaela for her warmth, compassion and professionalism. It was because of her superb persona that I am using McHale & Co. Thank you very much Michaela!

Miss J

We are grateful for your work on our behalf. You ensured that the necessary process was done smoothly and efficiently and you have been a pleasure to deal with.

Mr G.

Excellent service and prompt replies to everything that we wanted. Very professional in these unusual times.

Mrs. S.

Very happy with McHale & Co dealing with my Mother’s Deed of Probate and sale of her house, very helpful during a difficult time.

Ms. C Jones

Outstanding service. A breath of fresh air!

Ms. M

I would like to thank McHale & Co Solicitors for their excellent work.
The support Helen provided me with was above and beyond, it was her professionalism and her personal and effective responses which made such a difficult time for me a lot more bearable.
I would have no hesitation in using McHale & Co again and will certainly recommend them to family, friends and colleagues.

Mrs B

On behalf of us both, I’d like to thank you Phillippa, for the support and guidance you have given us throughout this process, your service has been second to none.

Again, thank you so much.

Mr & Mrs M

I would like to thank Roberto for his help and support in dealing dealing with a recent case for my son. He was professional, caring and showed great sensitivity. He went above the cause of duty in his handling of the case. He made a very traumatic and stressful situation easy to bear. I will be eternally grateful to him. He is a great asset to McHale & Co. Once again Thank you.

Ms C

Paul Fitton,

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Thank you to all staff.

Mr S and Mrs K

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Mrs G

I have dealt with Paul Fitton both by phone and email regarding advice about getting compensation from a world wide organisation. From the start Paul was professional, knowledgeable, friendly and gave very sound advice too. Plus I won the case. Thank you Paul, very much appreciated

Ms G

Excellent and professional service with clear explanations and guidance throughout. We can thoroughly recommend the firm and in particular Philippa Wright, Head of Wills and Probate.

Mr & Mrs N

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