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News and articles – Trusts

7

May 2014

Creating trusts for everyday family situations

For most people, the act of setting up a trust is not something they can see themselves doing. It gives the impression of being the preserve of the rich and famous – something that film stars might do to ensure that their offspring, a gaggle of (possibly undeserving) "trust fund babes", don't come into the money at too young an age.

But for a private client solicitor, a trust is just a useful tool. It can solve some of our clients’ tricky problems and may also reduce their inheritance tax bill.

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