FAQs: What is a Trust and how can Trusts be used?

FAQs: What is a Trust and how can Trusts be used?

Emma and Nicole are talking about Trusts and looking at the Frequently asked questions surrounding them: What is a Trust ?How is a Trust set up?How can a Trust be used to save Inheritance Tax?What will I have to do as a Trustee?How can a Trust be used for children?...
I am going to inherit some money…what do I do?

I am going to inherit some money…what do I do?

I am going to inherit some money…what do I do? If you are not sure what to do with inheritance, we have outlined some options available to you in this article. There are two potential situations. The first is you think that when your Mum Dad or Auntie dies, you will...
New High Court Ruling on Trustee Investment Decisions

New High Court Ruling on Trustee Investment Decisions

New High Court Ruling on Trustee Investment Decisions In the latest case of Butler-Sloss v Charity Commission, 2022 EWHC 974 Ch, the England and Wales High Court (EWHC) made a declaration as to whether Charitable Trustees can take environmental goals into account when...
Types of Trusts

Types of Trusts

Types of Trusts Private Wealth Solicitors There are many different names and types of Trusts. This article will give you a very brief synopsis of the main types of Trusts or names that you are likely to encounter. 1. Life Interest Trust In the case of a Life Interest...