News and articles – Trusts
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.