Expert legal and financial advisers in trusts and asset protection
Trusts are normally prepared for inheritance tax reasons and to protect assets.
The following is a short guide to some of the trusts commonly used by families, individuals and business owners for asset protection and tax and estate planning purposes, for which Wrigleys has a team of dedicated solicitors with years of knowledge and expertise.
Lifetime Trusts
Property, cash, investments or policies can be placed in to a trust to be held for your beneficiaries, for example a spouse, children or grandchildren.
Such trusts are set up by a person during their lifetime and so different form trusts which are created in wills.
Specific Trusts
Wrigleys can also advise you on more specialised trusts designed for specific purposes such as:
- Asset Protection Trusts;
- Charitable Trusts;
- Employee Trusts;
- Disability Trusts / Special Needs Trusts;
- Compensation Protection Trusts; and
- Care Fee Planning Trusts.
Trust Management
In addition to advising on and setting up trusts, Wrigleys also manage trusts on your behalf which may include:
- Annual accounts;
- Tax returns;
- Distributions from the trust; and
- Winding up the trust.
Please contact us for further details or to discuss your requirements, or you can view our free Trusts brochure in the Downloads tab at the top of the page.
We are proud to be ranked by Legal 500 as the leading firm in Yorkshire and the Humber for agriculture and estates and personal tax, trusts and probate, and by Chambers as one of only two top-tier private client firms in Leeds.
"Prompt, courteous and an excellent understanding of the issues – both legal and otherwise – which needed to be considered." Chambers & Partners
"They are a substantially superior team, both in numbers and expertise, to other firms in the area specialising in tax, trusts and estate planning." Chambers & Partners
Trusts
