A Trust is a private legal arrangement where the ownership of your assets, such as property, shares or cash, is transferred to other members of your family or close friends. They would become your trustees, and would be charged with looking after these assets for the benefit of third person, or group (e.g. young children or grandchildren). These Trusts can take effect during your lifetime – a Lifetime Settlement – or shortly after death, also known as a Wills trust

As your Trust solicitors, our job is to help you identify the correct approach for your assets, offering advice and support on the legalities and getting all documentation in place. Private lawBrockbanks Solicitors is here

Setting up a Trust can be a powerful way to protect your assets, provide for loved ones, and ensure your wishes are carried out both during your lifetime and after. But Trusts can be complex, and making the right choices requires expert legal guidance.

With professional support from Brockbanks Solicitors, you can be confident your Trust is legally sound, tax-efficient, and tailored to your unique circumstances, giving you peace of mind that everything is taken care of exactly as you intend. To get started, all you have to do is book an appointment at one of our 5 offices in Whitehaven, Carlisle, Cockermouth, Workington and Keswick.

Trusts are used in the following situations, often in conjunction with a Will:

Providing for a husband or wife after death while protecting the interests of any children

Protecting the inheritance of young children until they are old enough to take responsibility for their own efforts

Providing for vulnerable relatives who are unlikely to be able to look after their own affairs

To help with succession planning in family businesses

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