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Trusts
For many people, trusts are a useful way to assist in tax planning and to preserve assets. There are various types of trusts and they can be created during your lifetime or by your will.
Trusts can be used to safeguard your interests if you’re buying a house with someone, especially if you’re not married. They can also be used to protect your assets from bankruptcy or divorce and, if you have children, to ensure that their inheritance is protected when your estate passes to your surviving spouse. If you’re a grandparent, you might use a trust to provide for your grandchildren’s education. Plus, if you’re a business owner, there are additional benefits of using trusts to take advantage of special provisions for business assets.
At Masons Law, we’re experts in trust creation and administration and can ensure that trust law is applied in the most effective manner for your personal circumstances. Our specialist solicitors can guide you through the complexities of trust law and ensure that you are clear on what your trust arrangements will achieve.
With our free initial assessment promise, it doesn’t cost you a penny to see how we can help you. So if you’re thinking of setting up a trust, call one of our experienced, local solicitors today on 0208 5324884.
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- Wills and probate
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Wills and probate
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Contesting a will or inheritance
When someone you love and care about dies, the last thing on your mind is likely to be the financial implications. However these will often become very important. Not least to make sure the wishes are followed of the person who died. And so that you your inheritance does not end up in the wrong hands.
Estate administration
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Wills and probate
Thinking about what will happen after you or a loved one dies can be a difficult thought, and one we might like to put off for as long as possible. The reality is, though, that the more organised and clear we are in our last wishes earlier on in life, the less distressing it will be if illness or accidents do suddenly strike.
Inheritance and tax planning
Planning ahead for when you die allows you to set out clearly who should get what from your estate. Masons Law can help you think through your plans and their financial impact. Our aim is to ensure that your loved ones are cared for when you no longer can.
Making a will
1 in 4 wills in a recent study by the Legal Services Board failed their official assessment, meaning they were either completely invalid or didn’t properly reflect what the person wanted to happen. Getting the right person to prepare your will is vital.
Notarial services for wills and probate
If you’re dealing with wills and probate issues in a foreign country, you may find that you need to present English documentation to foreign authorities. If this is the case, it’s important to ensure your documents will be recognised. It may therefore be necessary to have the documents validated (notarised) by a Notary so that they will be accepted by a particular country’s authorities.
Power of attorney
1 in 4 wills in a recent study by the Legal Services Board failed their official assessment, meaning they were either completely invalid or didn’t properly reflect what the person wanted to happen. Getting the right person to prepare your will is vital.
Trusts
For many people, trusts are a useful way to assist in tax planning and to preserve assets. There are various types of trusts and they can be created during your lifetime or by your will.