You may ask how trust law affects you or how it has any relevance to your life.
Most people are trustees even if they do not know it, for example if you own a house with another and the house is in your joint names, you are a trustee of land!
Trusts have a variety of uses which include:
A trust is administered by the trustees. They hold the trust assets for the benefit of others. With a few limited exceptions (such as children and bankrupts) anyone can be a trustee.
But a trustee has legal responsibilities and the job should not be undertaken lightly.
Do you know what will happen to your property if you haven’t made a Will? Wouldn’t you prefer to decide for yourself?
For details concerning dealing with the estate of someone who has died, please read the details of our Probate services.
There are several types of trust. At Mackarness at Lunt we have the experience to advise you about the type of trust that will fit your circumstances and all associated considerations. If you have any questions then please contact Michael Parr, Sarah Baker-Brown.
Mackarness and Lunt provide bespoke legal advice to give you peace of mind. We have provided a wide range of legal services to individuals and businesses in Petersfield and further afield for over 100 years. During this time we have maintained our reputation as an approachable law firm with a solid base in the community. We continue to enhance our client experience as our absolute priority.