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Providing for your loved ones
Trusts are a way of managing wealth – money, investments, land or property – for you, your family, or anyone else who you’d like to benefit. When you put assets in a trust, they are under the control of an appointed person or persons called ‘trustees’. The trustees then manage the trust according to your instructions, even after your death.
A trust is a legal arrangement that manages money or assets for the benefit of specific people. When you set up a trust, you decide who will be in charge of the trust (the trustees) and who will benefit from it (the beneficiaries). Assets can still generate income once they have been placed in a trust. Properties can still charge rent, shares still collect dividends, and money can still generate interest. This income can either stay in the trust or be paid to beneficiaries.
Safely pass on assets to the next generation
Fund education for your children and grandchildren
Provide for vulnerable loved ones
Provide for children and partners from different relationships
Manage personal injury compensation
Reduce inheritance tax payments
Protect assets from creditors or divorcing partners.
We understand that every person’s financial and family situation is totally unique. Our lawyers will work closely with you and provide a bespoke plan engineered to your individual needs and requirements. We have unsurpassed experience with all aspects of trust law and taxation and can offer practical, tax-efficient advice on creating, administering, changing, and ending your trust.
Whether you need to arrange your Will, understand how a Lasting Power of Attorney or a Living Trust could help you, or even how we can assist you in the probate process,
Most people do not realise that in the case of their death, without a will, HMRC becomes the largest beneficiary? Get protection in place now
At Alfa Solicitors we have a variety of products which be tailored specifically for you are available to give you complete control of your estate. and give you peace of mind
Probate issues can be extremely complex, let our experts help you find the right solutions for your needs.
We specialise in all aspects of the property market and understand all the potential pitfalls. When you appoint us, your property sale or purchase will proceed efficiently, dealing any issues that may occur, whilst providing you with an in-depth account of all stages of the transaction as it progresses.
We have a vast experience in dealing with many areas of Wills and Probate law, including, Will writing, Lasting Power and Attorney Advice. These can be very sensitive matters which can be complex and distressing for clients, so will always stay professional and empathetic.