Family Trusts

Our specialist probate solicitors can offer impartial, honest, and caring advice on all aspects of Wills, Tax Planning, Care, Estates and Powers of Attorney.

If you want to maximise the benefit that your family receives from your estate, then Tilly Bailey & Irvine can assist you to structure your estate accordingly.

What is a Family Trust?

A trust involves giving assets, which can be money, stocks and shares, property etc. to Trustees who administer the assets in accordance with the terms of the Trust.

There is a common perception that Trusts are only for the wealthy, but with comparatively high house prices, many more families are being caught by Inheritance Tax, merely because of the value of the family home. With careful tax planning, such as arranging a pattern of lifetime gifts, or making a Will, the payment of taxes such as income tax, capital gains tax, and inheritance tax can be minimised or even avoided.

Wills and Probate - Tilly Bailey & Irvine

How can we help?

The Trust team, which is part of the Private Client Department, acts for a number of trusts, including Charitable Trusts. The team has experience in the creation, administration and winding up of Trusts. It provides a full service including the preparation of annual accounts and completion of annual income tax returns.

Our specialist probate solicitors can offer impartial, honest, and caring advice on all aspects of Wills, Tax Planning, Care, Estates and Powers of Attorney.

Call: 01429 856744

Contact us for more details on how we can help.

Hartlepool: York Chambers, York Road, Hartlepool. TS26 9DP
Stockton: 11 Bridge Road, Stockton-on-Tees. TS18 3AD
Wynyard:12 Evolution,Wynyard Park, Wynyard .TS22 5TB
Barnard Castle:8 Newgate, Barnard Castle. DL12 8NG

Hartlepool: York Chambers, York Road, Hartlepool. TS26 9DP
Stockton: 11 Bridge Road, Stockton-on-Tees. TS18 3AD
Wynyard: 12 Evolution, Wynyard Park, Wynyard .TS22 5TB
Barnard Castle: 8 Newgate, Barnard Castle. DL12 8NG

Email: info@tbilaw.co.uk

0333 444 4422

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Tilly Bailey & Irvine LLP is a limited liability partnership registered in England (number OC315000) and is authorised and regulated by the Solicitors Regulation Authority.

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What is a Family Trust?

How can we help?

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