In their simplest form, trusts are gifts with conditions attached. A trust can be set up by a Will or during a person’s lifetime. They can provide a very flexible way of wealth planning and can provide an element of protection for the beneficiaries.
We advise on all aspects of trust law, including creating trusts, appointing new trustees and making payments from trusts. We have extensive experience advise trustees, beneficiaries and settlors (the people that create trusts).
We often act as professional trustees for trusts and we are used to working with other professional advisors such as accountants and financial advisors.
We pride ourselves on offering a personalised service and you will be allocated your own solicitor who will guide you through the process from start to finish. All of our solicitors are full members of STEP and are considered leading experts in this area of law.
We can meet you at home, our office, your office or any other location to suit you. We also offer meetings by online video (such as Zoom, Skype and Teams) or by telephone.
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Further information
Our approach
We offer a personalised approach and we put you at the centre of everything we do. You will be allocated your own solicitor who will work with you to guide you through the process. They will also act for you whenever you instruct Spall Clark Solicitors.
When creating lifetime trusts, we work with a financial advisor to ensure that your financial plan will not be adversely affected by placing funds into trust. It also allows us to create a financial plan for the trust and manage future tax issues. By using our expertise, we keep it as straightforward for you as possible.
How much does it cost
Trust creation
£450 to £750
Services for existing trustees
£500 to £750
Ongoing advice service
From £750 per year
Professional Trustee
From £1,000 per year
We are not presently charging VAT on our fees
For further information please see our price list
How long will it take
The timeframe depends on the service required. We work hard to ensure that the legal process is completed as quickly as possible.
What our clients say
‘We were very happy with the whole process’
‘Took the time to explain any questions that we had’
‘Fantastic service’