Our lawyers can relieve Trustees of the administrative burden associated with their Trust’s affairs
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Will Trusts & Complex Estates
Administration of Will Trusts
What should you consider?
Administering a Will Trust successfully can be time consuming and daunting. Our Trust administration solicitors can help you with your duties as a Trustee or help you look after your Trust correctly.
At Goughs, we have extensive experience in Trust administration ensuring a tax-efficient way to preserve your wealth and provide for future generations.
How can we help you with your Will Trust?
Will Trusts are complex and Trustees often struggle to manage their duties meaning they could face claims from beneficiaries.
We can assist you with the following…
Managing the administration of Trusts
Ensuring the Trust is legal and tax compliant
We can act as a professional Trustee for you
Advising on legal responsibilities of Trustees
Preparing Trust accounts
Providing expert legal advice about tax management
We're here to help you protect your wealth
Your local Trust administrators since 1882
about administering a Will Trust
A Will Trust gives assets to the people you appoint as Trustees to hold for the future benefit of others (the beneficiaries). It is included in your Will and set up on your death. Trusts are often used as a tool for the benefit of Inheritance Tax planning.
Trusts are set up for a number of reasons which include the control and protection of family assets or the financial protection of a person who may be too young to handle their affairs and more.
A Trustee takes legal ownership of the assets held by a trust and assumes fiduciary responsibility for managing those assets and carrying out the purposes of the Trust.
Our specialist legal advisors in Wiltshire have many years experience in Trust administration and acting as a professional Trustee. We will work with you to find the best solution for your needs.
When choosing a Trustee it’s important to understand they are the one who accepts legal responsibility for the assets in the Trust.
Administering a Trust successfully is a complex and time consuming process. Our solicitors at Goughs have the legal experience and knowledge necessary.
How much does it cost to make a Will?
Very professional service
Very professional service - at a difficult time due to Covid 19.
Helpful, prompt and efficient
Ms Michelle Fielding
I would definitely recommend Goughs
I definitely would recommend Goughs they were very efficient, very helpful and always informed us of what was happening in the chain.
Ms Kathleen Lucas
Thank you very much for doing a great job
Thank you very much for doing a great job as always, would recommend you for sure for being so efficient and getting the job done as quick as possible.
Very helpful. Advice clear with plenty of time for us to consider all the options before making decisions.
Very thorough, and we also got forces discount.
Andy Turner | Managing Director | Princeton Homes
Efficient and extremely knowledgeable
Rebecca is professional, efficient and extremely knowledgeable on all aspects of Construction Law.
Tom O'Connor | Managing Director | Redcliffe Homes
Andrew is an experienced, diligent and pragmatic development lawyer. Highly recommended.
Very professional and prompt
Rowena is very professional and very prompt response every time I needed something.
An excellent commercial lawyer
Gemma combines sound commercial judgement with a refreshing clarity and approach. An excellent commercial lawyer.
Bath Property Awards 2021
Legal & Financial Winner
Goughs prides itself on its first-class service, with growing property marketing reach and increasing areas of expertise. Enquiries also escalated by 20%, a commanding showing this year!
Isabel Figueiredo was professional
Needed for Goughs to act quickly with an issue I had . They exceeded my expectations ! Isabel Figueiredo was professional , and swiftly dealt with the matter. Would strongly recommend these Solicitors.
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Local since 1882, with an excellent reputation
First-class, effective service
Largest solicitors in Wiltshire
Seven offices throughout the county
Nationally accredited law firm
Recognised by Legal 500 and Chambers & Partners
Your Trust & estates team