A Trust (sometimes called a Settlement) is the name given to a fund containing assets which have been ring-fenced for one or more particular persons. The person creating the Trust is known as the Settlor.
There are many reasons for wishing to create a Trust. These may include:
There are a number of different types of trust. Trusts can be created during a Settlor’s lifetime or on death.
At Coupe Bradbury we can provide specialist advice to prospective Settlors and their families on the creation and management of Trusts. When providing advice we will give consideration to the following:
We can also advise beneficiaries of existing trusts who are unhappy with the management of an existing trust.
Trusts can be complex and require specialist knowledge. At Coupe Bradbury, James Patterson is a member of the Society of Trust and Estate Practitioners (STEP). This means that he has acquired, with experience and examination, additional qualifications to enable him to provide high quality advice in this area of law.