Category: Trust and Trust Administration

One Month to Register Non-Taxable Trusts

The deadline for registrations for non-taxable trusts in existence on 6 October 2020 is 1 September 2022. Those non-taxable trusts created after 6 October 2020 must register within 90 days of being created or otherwise becoming subject to registration by 1 September 2022 (whichever is later). Once registered, trustees will have 90 days from when …

A Time to Give: Making Provisions for the Special People in Your Life by Claire Carberry

Claire Carberry, Private Client Associate Solicitor discusses how families with special considerations can provide for their loved ones by creating a trust fund. It’s fair to say that many people find making a Will a challenge – and this can be particularly hard when you have a loved one with special or additional needs. What …

What is a Trust?

In light of the recent issues arising from the Universal Trustees Limited liquidation, it seems appropriate to set out some guidance regarding trusts. For many people trusts seem very complicated and daunting structures. It is true that Trusts are not simple things but then they were never meant to deal with simple situations. Where the …

Is a Trust the Right Thing for You?

The concerns and problems raised by Universal Trustees, its conduct and its subsequent compulsory liquidation are now clear to all those former clients of the company. Many people were persuaded to set up trusts, transfer assets or complete Wills – all actions that were presented to them as tailored to their specific needs. Perhaps, for …

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