The aristocratic singer and TV star Bo Bruce has won a court battle against her brother Thomas Brudenell-Bruce, Viscount Savernake, over their inheritance after their mother died. Bruce, whose full title is Lady Catherine Anna Brudenell-Bruce, was a runner up on the TV series, The Voice and has had chart success with the top 10
Trusts can be created for a number of different reasons. They are commonly created in a Will and can also be created during a person’s lifetime. This may be for tax or other plnning purposes and we can advise on the options that are available to you in your circumstances.
Talk to one of our friendly and experienced team on 01582 514000
The rules can be complex and it is important to understand and seek advice as to the best type of Trust for you to establish.
We prepare the Trust documents and can assist with the ongoing administration of the Trust if required. We can also assist Trustees to ensure their role and duties are understood in the ongoing administration of a Trust.
Once established a Trust is under the control of Trustees who manage the Trust according to the Will or instructions when the Trust was established.
Common reasons for setting up a Trust will include:-
- Protecting against care fees in the future.
- Providing for children or partners from different relationships.
- As part of ongoing tax planning.
- Tax-efficient funding of private education for grandchildren.
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When someone dies without a will, their estate is distributed according to standard rules, known as the rules of intestacy. Our factsheet outlines what you need to know when this happens and how your estate can be protected.
Join Stephen Nolan and Benedict Smith for our latest #AskMachins podcast discussing challenges to wills.
If you have any questions or would like to get in touch with our Dispute Resolution Team then they’d to love to hear from you on 01582 514000