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Trusts may seem complicated but can be extremely useful. Prior to creating a trust, you should seek professional advice as it may be that the type of trust you believe you require is not the most efficient for your personal circumstances. In considering a trust, we can advise on the role of the Trustee, and the matters to consider when selecting Trustees, how a Trust is administered and what the tax implications will be.
 

What we do and where we specialise

If you want to set up a trust or want more information on trust law, our solicitors are here to assist you with your questions. Deciding which trust is the right one for you and setting it up can be quite complex. We can help you to keep it simple and make sure your interests are represented.


There are various types of trusts, including:

  • Compensation protection trusts
  • Lifetime trusts
  • Will trusts
  • Life interest trusts


Trusts are created for various reasons, some examples of which are set out below:

  • to control, protect and preserve family assets for future generations
  • as part of a tax planning exercise, to mitigate Inheritance Tax
  • when someone is too young to handle their affairs
  • when someone cannot handle their affairs because they are incapacitated
  • when someone receives compensation due to a personal injury claim
  • to pass on assets while you are still alive
  • to pass on assets when you die (a 'will trust')
  • under the rules of inheritance if someone dies without a will (in England and Wales)

York

James Knowles, Wills, Trusts And Probates Solicitor In York For Langleys Solicitors

James Knowles

Partner

Office 01904 683 181

Mobile 07936 340 921

Langleys will only use the information you provide to contact you in relation to your enquiry.

Lincoln

Amy Allison

Amy Allison

Partner

Office 01522 508 795

Mobile 07523 519 150

Langleys will only use the information you provide to contact you in relation to your enquiry.

Legal Directory Feedback

Langleys and the Private Client team is outstanding, dedicated, and first-class in all respects.

Legal 500, 2021

Always looking for a way to make things work; to find a solution. A pleasure to be around that energy.

Legal 500, 2021

A large firm which manages to behave and feel like a small firm with a personal touch.

Legal 500, 2020

Excellent trusts and probate team.

Legal 500, 2020

They listen much more than they talk, which I always think is a very good sign.

Legal 500, 2020

In-depth knowledge of Inheritance Tax.

Legal 500, 2020