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.
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
Trust Management Services
