Call now: 0208 866 6464
Existing clients tel: 0208 866 6464

The Sethi Partnership Solicitors

The Barn House, 38 Meadow Way,
Eastcote, Ruislip, Middlesex
England, HA4 8TB

info@sethi.co.uk

Call now: 0208 866 6464
Existing clients tel: 0208 866 6464

The Sethi Partnership Solicitors

The Barn House, 38 Meadow Way,
Eastcote, Ruislip, Middlesex
England, HA4 8TB

info@sethi.co.uk

Trusts

EXPERIENCED, TRUSTED, COST-EFFECTIVE

What is a Trust?

A Trust is a relationship that is created and exists between a legal owner of assets (the Trustee) and the equitable owner (the beneficiary). A Trust does not have its own distinct legal personality like a company. It is therefore the Trustees that hold the legal title of the assets in their name but subject to the duty they owe to the beneficiaries of the Trust. 

A Trust can be created in lifetime or on death by your Will.

Common uses of Trusts today

Asset protection

A Trust known as a Discretionary Trust can be used by a parent (for example) to protect an adult child without giving them a fixed interest in the trust property.

This type of Trust can potentially be used to protect the assets and children who may be at risk of divorce, drug or alcohol dependency or in a troublesome relationship.  

Assisting loved ones who may be incapacitated

A trust arrangement could be used where a person is unable to hold property themselves. For example, they may be a minor or may lack capacity. A trust may offer a flexible (and sometimes a cheaper alternative) compared to a Deputyship under the Mental Capacity Act 2005.

Provision for family members and estate planning

A person may wish to limit the amount of available capital to their potential beneficiaries to ensure it is preserved for future generations and a Trust arrangement can assist with this.

Purpose trusts

Some people wish to leave property or money to certain causes or specific animals. A very carefully drafted trust would enable this to happen. There are stringent rules relating to purpose trusts and advice should be sought to make sure the gift to your chosen beneficiary does not fail.

Joint ownership of property

There are two ways that a property in England & Wales can be owned jointly and that is a ‘joint tenancy’ or a ‘tenancy in common’ commonly referred to as Joint Tenants or Tenants in Common.

In both cases the property is held under a Trust of Land. However, a joint tenancy and a tenancy in common have fundamentally different features. A key difference is how the property devolves on death. It is important to understand this difference and plan accordingly.

Joanna Ensor is a Solicitor and Associate member of the Society of Trust and Estate Practitioners. She has successfully undertaken the STEP Advanced Certificate in Will Preparation and prepares Wills in accordance with the STEP Will Writing Code.

Contact our Will solicitors in Ruislip, Middlesex

For tailored advice on Trusts, contact our specialist solicitors on 0208 866 6464 or complete our online enquiry form.

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Coronavirus COVID19 

In light of the Coronavirus and in an effort to assist our clients and the economy, we are offering reduced rates on our fees* in some areas of work valid for the month of April.

We are open for Business as Usual with mindful protection. 

Our lawyers are still fully able and equipped  to assist existing clients and new clients by telephone, email, facetime and online meetings. We are not encouraging face to face appointments but we do have an outside office that can be utilised for signatures etc. whilst keeping in line with social distancing.

Existing Clients
As our legal team are following government advice and working from home, if you need to contact them please call the office or email them directly. All our contact details can be found on our website at ‘Our Team’.

New Clients
At this time we encourage all of our prospective clients to contact us via telephone, e-mail or our online new client enquiry on our website. Your matter will be received by our legal team and they will call or email you back as soon as possible.

If any of our Local Eastcote Residents are alone, struggling or self- isolating and in need of any supplies/food/medicines/ please get in touch with us on 0208 866 6464 or email This email address is being protected from spambots. You need JavaScript enabled to view it..

*Reduced rates include: preparation of Wills, initial 1 hour fixed fee for Employment matters, Landlord &Tenant matters, Conveyancing matters for first time buyers and key workers.

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