Once established, the trust assets are managed by the trustees. Acting as a trustee can be complex and time-consuming, with a range of different duties and responsibilities to consider. It is important that a trustee acts in the best interests of the beneficiaries and in line with the provisions of the trust, which can sometimes mean taking a different approach to how an individual would act with their own money.

We have experience in providing investment advice for different types of trust, helping trustees understand their options and how to act in the best interests of the beneficiaries, whilst meeting their objectives and obligations. When the time comes, we can also help to advise upon the distribution of trust assets in a tax efficient manner, while acting fairly between different beneficiaries.

As well as advising individuals, we often work closely with solicitors regarding different trust arrangements.