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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.

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Fisher Jones Greenwood is part of Lawfront, a national group of regional law firms. Together, our private client teams total almost 180 specialists and hold 7 Legal 500 rankings nationally, including 3 Tier 1.

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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 01206 835 315 or email us and we’ll call you back to arrange a meeting with a solicitor or lawyer.

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