Trusts are set up to manage assets. Trustees are the legal owners of the trust assets who manage the assets. Beneficiaries are the people who benefit from the income or the capital of the trust assets. There are different types of trusts and advice should always be obtained before deciding which type of trust is appropriate for your individual circumstances.
NE Law is able to guide you through the complexities of trust law and provide clear advice on how best to meet your needs. We will advise you on both the advantages and potential disadvantages of setting up a trust and explore the most appropriate trust for you.