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A Trust is a useful instrument and can ensure that assets are preserved for future generations. However, there are many elements that need to be considered when setting up a Trust, which is why the support and guidance of a specialist Trust solicitor is essential.
At Kingsfords, our Trust solicitors in Kent have many years of experience in supporting individuals with Trusts. Whether you intend to set up a Trust from scratch, are seeking advice on how best to manage an existing Trust, or are involved in a dispute, our team will be able to provide bespoke advice that is carefully tailored to your circumstances.
With the support of our team, you can be certain that a Trust will be set up that protects your assets, as well as being as tax efficient as possible, providing assurance that the future generations will be able to receive the full benefit.
Our Trusts service includes the following:
- Setting up a Trust
- Advice for managing an existing Trust
- Resolving Trust disputes
Speak to our Trusts solicitors in Kent today
Speak to one of our Trusts solicitors at our offices in Ashford, Cranbrook or Hythe today by calling 01233 624545 or fill in our enquiry form on the right hand side of the page to request a call back.
Our Trusts expertise
Setting up a Trust
It is important to understand that there are multiple different types of Trusts, all of which provide specific benefits. Our Trusts solicitors in Kent can support you in selecting the right Trust for your circumstances and requirements and then take the necessary steps to setting it up.
The types of Trusts our team can help you to set up include:
- Lifetime Trusts
- Vulnerable and Disabled Persons Trusts
- Discretionary Trusts
- Charitable Trusts
- Property Trusts
- Trusts for Grandchildren
Our Trust law advice also extends to advising you on how to choose your beneficiaries and Trustees, giving you the peace of mind that everything will be taken care of and that your assets will be passed on exactly as you intend further down the line.
Advice for managing an existing Trust
Acting as a Trustee can be a complex process. Under the Trustee Act 2000 (TA 2000), you will have a range of legal responsibilities with regards to managing the Trust, which can be a daunting prospect, especially if you have no prior experience.
Our Trust solicitors in Kent are able to provide you with detailed advice regarding your role as a Trustee, supporting you in the process of effectively managing the Trust in question. This can help to ensure that actions are being taken which are in the best interest of the beneficiary.
Where required, our family Trusts service in Kent will involve:
- Administering the Trust in line with the Trust deed
- Complying with Trust law
- Discussing the appropriateness of making any changes to the Trust
- Managing the existing assets in the Trust
- Distributing the Trust assets to beneficiaries when required
Resolving Trust disputes
Disputes in any capacity can be difficult to manage. Unfortunately, it is possible for disputes to arise between settlors, trustees, and beneficiaries, particularly in situations where one party may feel they are being unfairly treated.
Where a Trust dispute occurs, our team have a step in to provide an efficient and cost-effective solution.
If it is possible to do so, our Trust dispute solicitors will always seek to resolve these matters out of court, using various methods of alternative dispute resolution.
That said, if court proceedings are the only logical way to proceed, we can provide robust representation to ensure that your interests are protected and you are best equipped to secure the outcome you are looking for.
In this context, Trust disputes could relate to:
- Breaches of a Trust
- Failure to administer a Trust
- Mistakes in the terms of a Trust
- Settlor was not fit to create the Trust (lacked mental capacity, received negligent advice etc.)