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Sheffield: 0114 267 5588

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Wrigleys Trustees Limited is a specialist UK registered trust corporation

Trusteeships can be intricate, time consuming or simply unfamiliar to many people newly appointed as a trustee.

The benefits of a 'professional trustee'

A professional trustee can be a helpful alternative to appointing family members on their own. Benefits to appointing a professional trustee include:

  • Reducing the burden on family trustees;

  • Reducing the risk of a conflict of interest between trustees;

  • Overcoming any disruptions caused by the retirement or absence of an individual solicitor if they are the professional trustee;

  • Assisting with difficult or controversial decisions; and

  • Assisting with trustee processes and regulatory requirements (such as FATCA obligations (Foreign Accounts Tax Compliance Act).

Please see our article on The benefits to families of appointing a corporate trustee explaining the benefits of having a professional trustee.

'The team are exceptionally knowledgeable and have an amazing attention to detail.' 

Chambers and Partners HNW Guide (2023)


‘This team deal with extremely complex issues, which involves a large degree of independent fact-finding. They are thorough and fastidious in their approach to their work, and have a staff of extremely intelligent and engaging lawyers.’

Legal 500 (2023)

 

Sue Greaves View Biography

Sue Greaves

Direct Line: 0114 267 5625

Partner
Sheffield

Meet the team

25 Jul 2024

New Statutory Safeguarding Guidance: Keeping Children Safe in Education 2024

Updated guidance for schools, colleges and academy trusts from 1 September 2024

23 Jul 2024

Charity Governance Code Refresh 2024 – have your say before 11 August 2024

A public consultation on the Charity Governance Code has been launched to gather views and feedback to inform a further refresh of the Code.

17 Jul 2024

The importance of compliance and some lessons learned for academy trusts

We look here at why compliance is important and some key observations from our compliance work with academy trusts.