Trust & Estate Registration
Your dedicated lawyer will guide you through your Will
Will Trusts & Complex Estates - Trust and Estate registration
Being a trustee comes with considerable administrative and legal responsibilities.
Our team of trusts experts is ready to help trusts and trustees with the registration process.
Trust registration
Trusts which meet the following conditions must be registered through the online service:
- The Trust has been expressly created. The Trust must be deliberately set up by the person who made it. In other words, it has not arisen automatically through law (such as statutory, resulting, or constructive Trusts)
- The Trustees have incurred a tax liability. This could be Income Tax, Inheritance Tax, Capital Gains Tax, or Stamp Duty Land Tax. However, this condition will not be met if the liability in question is an income tax liability of less than £100 incurred through bank or building society interest.
Estate registration
Estates which are considered by HMRC to be ‘complex’ must be registered. An estate that’s considered ‘complex’ would fall into any of the following categories:
- Has a tax liability (for income tax and/or capital gains tax) of more than £10,000 over the entire administration period
- Has a value at the date of death in excess of £2.5m
- The proceeds of any assets sold by the personal representatives in any one tax year is greater than: £250,000 (for deaths before 6 April 2016), or £500,000 (for deaths on or after 6 April 2016).
How can Goughs help?
Our specialist team support trustees with a full range of compliance and administration issues, and can register your trust for you too. We’ll help you understand your duties as a trustee and make sure you meet all necessary deadlines and obligations.
Popular questions about Trust and Estate registration
If you are a Trustee of a Trust which must be registered, but you do not do so in the relevant timescale, you may be personally liable to pay a penalty. Each matter is assessed on a case by case basis.
Responsibility for registration falls with the trustees. If you’re a trustee and would like any further information about registration, please contact our team for more information about how we can help.
Our clients rate us as excellent
Legal 500
Client orientated; they ensure the client is well informed with easy to read documents.
L C, Devizes
Our Wills were dealt with efficiently, we have already recommended your firm to our daughter and husband. Absolutely brilliant – thank you.
Sue Greenman
Everything was completed professionally and within my tight time scales. I would like to say thank you and would definitely go back to Goughs should I need help in the future.
Legal 500
Goughs gives outstanding customer satisfaction. They are very approachable, reliable, courteous and informed. I would recommend Goughs to anyone.
R F, Melksham
Great service, professional, great communication and handled what was a very sensitive situation with care and compassion.
W D, Calne
Professional, helpful & knowledgeable service. Giving very clear advice in a way I could understand. Thank you.
Your Trusts & Estates team
Solicitor
Solicitor
Partner and Head of Contentious Probate
Partner (TEP)
Associate (FCILEx)
Solicitor
Solicitor
Solicitor
Solicitor
Partner and Head of Contentious Probate
Solicitor
Trainee Solicitor
Solicitor
Partner
Trainee Solicitor
Paralegal
Solicitor
Paralegal
Solicitor
Associate (FILCEx)
Associate Solicitor
Associate (FCILEx)
Associate Solicitor
Partner (TEP)
Partner & Head of Private Wealth
Partner & Head of Private Client
Senior Associate (FCILEx)
Why choose Goughs?
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
Why wait? Let's talk
Fill out the form below and we will get back to you!
