jml-law; julian lee; trusts; settlements; inheritance tax

Trusts & Settlements

Trusts or settlements are typically used to:-

  • Protect assets against a spendthrift beneficiary
  • Allow property to benefit successive generations
  • Provide for disabled or vulnerable beneficiaries
  • Provide a family fund which can be used as and when the need arises
  • Save Inheritance Tax
  • Provide some protection against a family member becoming bankrupt, suffering divorce or going into care


We can advise and assist you with all aspects of the creation, administration and ending of a trust including the preparation of any relevant legal documents and a review of the tax implications.


We can advise on and create specialist types of Trusts, including:-


  • Discretionary trusts
  • Interest in possession trusts
  • Disabled trusts
  • Bereaved minor and bereaved young persons’ trusts
  • Bare trusts
  • Settlor interested trusts
  • Nil Rate Band debt or charge schemes
  • Pilot trusts
  • Declarations of trust where a property is co-owned


We can advise trustees on their duties and responsibilities and you can appoint our sole principal Julian Mark Lee as a professional trustee if you wish. However, he will charge for his time when acting in this role.


We can also assist with procedures relating to:-


  • The appointment and retirement of trustees
  • The removal and replacement of trustees


Any advice and/or assistance in this area will be charged at an hourly charging rate of £150 plus Vat, with a quote or fee estimate being confirmed once it becomes possible to estimate the volume of work involved.


This excludes any disbursements (i.e. payments to others required to progress the matter), which you will be advised of separately at the earliest available opportunity.

Julian M Lee is an accredited member of Solicitors for the Elderly

JML Law is a regional member of the Certainty National Wills Register

JML Law is authorised and regulated by the Solicitors Regulation Authority (SRA number 614498)


Meetings by appointment only


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jml-law; julian lee; trusts; settlements; inheritance tax
jml-law; julian lee; trusts; settlements; inheritance tax
jml-law; julian lee; trusts; settlements; inheritance tax