Our lawyers can help you protect assets and wealth for the benefit of your family, now and in the future.
Providing for your family is an essential goal for most people, but it isn’t always easy. Simply passing wealth on in your Will or as gifts while you're alive can be risky and inefficient.
Contact us today and find out how our family trusts and asset protection solicitors can help you.
What can a family trust and asset protector do?
We can help you set up a trust to make sure that your family gets the most out of your assets. A trust can:
- Protect assets for family members who can’t look after assets themselves
- Protect assets from business creditors or divorcing spouses
- Prevent an inheritance from affecting someone’s entitlement to state benefits
- Provide for young children in an income tax efficient way
- Provide for both a current spouse and children from an earlier relationship
- Protect family members’ estates from large inheritance tax bills when they die
- Reduce your spouse’s tax burden when you die.
When setting up your trust, you choose the people who will look after your assets (trustees) and who will benefit from them (beneficiaries). You can leave instructions for how the trustees should manage the assets and how they should distribute the assets.
The trust will continue to protect your assets after you have passed away or have lost the capacity to manage your own affairs. With a discretionary trust, you can give your trustees the flexibility to handle whatever new circumstances might arise after you’re gone.
Why choose Irwin Mitchell’s family trust solicitors?
Our Tax, Trusts, and Estates team is one of the most highly rated in the country. With lawyers in major cities across the UK and extensive international experience, we can help wherever you or your family are based.
Our offices are located around the UK and have confidential meeting areas where you can meet your solicitor. We can also arrange to meet you at an appropriate location, or set-up phone or video calls. We’ll always work in a way that’s best for you.
You’ll also benefit from our fully comprehensive legal knowledge which covers several specialist fields. This includes Wills, estate planning, and tax law.
We also have experience helping high-net-worth individuals protect their assets and wealth to best benefit their families. Our team can also help if you have international assets.
Detailed knowledge of tax issues related to trusts
Offices across the country
Experts on advising how trusts can protect your assets
Experience in creating trusts tailored to your needs
For general enquiries
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