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

Read All >

Pleasure to do business with McHale & Co. Everything is thoroughly explained, whatever questions we asked. Easy to make contact, we as a family have dealt with your company before and cannot fault any part of our dealing with yourselves.

Mrs L

Helen was excellent. Very clear in her explanations of options and implications of decisions made in our wills.

Mr & Mrs T

A big thank you to Grace Kennedy who went the extra mile and provided me with lots of information regarding making, signing and checking the process for me and after signing a list of use points and information. Excellent customer/client care.

Mr S

I feel that the people employed within this firm really listen and respond accordingly

Mrs S

Many thanks for your assistance with everything (Helen Green), you’ve made it all seem a lot more manageable at a difficult time.

Ms W

Helen, can I just thank you for the professional and thorough way in which you have dealt with this matter and your advice has been very welcome at times. Worth every penny for peace of mind.

Mr L

Extremely helpful and considerate. Very attentive . Nothing was too much trouble from the first phone call to receiving a hard copy of the will. Couldn’t have asked for more. I would not hesitate in recommending you to friends and family. A fantastic service all round. Thank you Michaela.

Mr M

I would like to thank you (Paul Fitton) for your most professional guidance and advice, I appreciate the effort and time you devoted to my issues on this subject.

Mr S

Mr Nattrass is always understanding and helpful and takes time to listen and explain. It is always a pleasure to deal with him. Also, your reception staff are lovely and welcoming.

Mrs J

The service we received from Helen Green was fantastic, nothing was too much trouble. We would recommend Helen without question.

Mr J

The service provided was excellent. Many thank to John Nattrass for all his input and execution of our wills.

Mrs H

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

Contact Us