Trust Creation and Trust Administration

Our specialist team of trust lawyers are experts in all areas of trust law

Trusts have been used throughout history and are a very useful legal arrangement that can help in estate planning with the mitigation of exposure to tax and also with asset protection when making provision for future generations of your family.

Put simply, a trust is where you give the ownership of your assets to someone known as a trustee to look after for the benefit of another person (or group of people) known as beneficiaries.

Our specialist team of trust lawyers can help with a number of different trust matters including:

• The set up of a variety of different lifetime trusts to help reduce exposure to Inheritance Tax, including spousal by-pass trusts for pensions; life insurance policy trusts; shareholder / director protection policy trusts and; gift and loan Trusts
• Help with the administration of trusts including tax compliance and advice on the on-going duties and responsibilities of being a trustee
• Trust paperwork including minutes of meetings, paperwork associated with the winding up of trusts and documents relating to the distribution of trust funds
• The appointment and retirement of trustees
• The restructuring of existing trusts
• Set up and administration of Charities
• Will trusts including trusts for business and/or agricultural property/assets or otherwise for protection against possible future care home fees or divorce or against other third party claims
• Trusts to define the ownership of land or property (known as Declarations of Trust)

“Rix & Kay’s core offering involves advising high-net-worth individuals and families on tax, specialist trusts and succession planning matters. The Private Client Team, which spans the Kent and Sussex regions, collaborates with the corporate practice to act for business owners, directors and shareholders. Team leader Bruce Clarke has wide-ranging private client experience and advises on complex tax and estate planning work, creating and administering trusts, and advising on powers of attorney and mental capacity law. Clients praise Ian Best as an exceptional asset to the practice; he has specialist expertise in will drafting, probate and trust tax compliance work. Member of STEP Max Wright has extensive knowledge of capital tax planning issues, CGT, IHT, trusts and succession planning, as well as cross-border work”.

“Good coverage of specialism for a non-London firm, with some excellent experience among the team and a can do approach to new enquiries”.

Legal 500 results praise Rix & Kay