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What is a Trust?

A trust is a legal arrangement which enables an individual known as a settlor to transfer assets such as cash, or property, to another person known as a trustee. The trustee holds the assets for the benefit of an individual, or class of individuals, who are in turn known as the beneficiaries.

Reasons for setting up a Trust

Due to the flexible nature of trusts, they can be used for a wide range of different circumstances. The most popular include:

  • Inheritance Tax Planning
  • Long Term Care Planning
  • Asset Protection

Our Wills, Life Planning & Probate team are able to advise on all aspects in relation to the creation, administration, and termination of trusts.

To contact FJG about Trusts or if you would like any further information, please contact us on 01206 835261, email [email protected] or fill in the enquiry form below.

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With over 40 years’ experience, Fisher Jones Greenwood is a long-established Essex Solicitors. With nine offices around Essex, Suffolk and London. Phone us on 08455 435 700 or email us and we’ll call you back to arrange a meeting with a solicitor or lawyer.

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