Trusts | Curtis Parkinson

Trusts

What is a Trust?

A trust is a flexible way of giving away assets without passing them directly to the beneficiaries. You can set up a trust at any point during your life.

A trust, for example, can be used to:

  • Look after assets for beneficiaries who are not capable of doing so for themselves – usually children or a mentally incapacitated dependant.
  • To help ensure a family business remains within the family.
  • Reduce the risk that the beneficiary will lose the asset (eg: through divorce or bankruptcy)
  • Provide a lifetime income for one beneficiary (eg: a spouse) whilst retaining the capital for the benefit of others (eg: children or grandchildren)

A trust can also form part of your tax plans as it may help to reduce potential tax liabilities and may be created when you die as part of your will.

The team at Curtis Parkinson in Nottingham has many years’ experience in setting up trusts. As there are a number of different types of trust, we would recommend that you speak to us to go through the benefits and enable us to advise you on which type would best meet your needs. This includes assisting you with the creation and running of a trust, ongoing administration and registering it with HM Revenue and Customs.

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Please get in touch to arrange an appointment, or simply ask a question about our Wills, Trusts, Probate and Power of Attorney services.

    Maggie Eley – Wills 1

    Had my will revised today. Mr Curtis was polite, efficient and explained things well. Would recommend them for this service.

    Maggie Eley

    Curtis Parkinson
    5
    2019-09-04T11:08:38+01:00

    Maggie Eley

    Had my will revised today. Mr Curtis was polite, efficient and explained things well. Would recommend them for this service.

    Shirley Bennett – Wills 2

    Curtis Parkinson were recommended to us and were exactly as described: kind, patient and helpful. They explained everything, but kept it simple.

    Shirley Bennett

    Curtis Parkinson
    5
    2019-09-04T11:10:14+01:00

    Shirley Bennett

    Curtis Parkinson were recommended to us and were exactly as described: kind, patient and helpful. They explained everything, but kept it simple.

    W. H. Watmore -Wills 3

    Curtis Parkinson were very knowledgeable but easy going and helped us with setting out our will. I would definitely recommend them.

    W. H. Watmore

    Curtis Parkinson
    5
    2019-09-04T11:11:42+01:00

    W. H. Watmore

    Curtis Parkinson were very knowledgeable but easy going and helped us with setting out our will. I would definitely recommend them.

    Joanne Goldstein – Wills 4

    All of my meetings were both friendly and professional. They made the process of dealing with my parents' wills and probate a non-complicated process.

    Joanne Goldstein

    Curtis Parkinson
    4
    2019-09-04T11:14:10+01:00

    Joanne Goldstein

    All of my meetings were both friendly and professional. They made the process of dealing with my parents' wills and probate a non-complicated process.

    T. King – Wills 5

    I'd recommend Curtis Parkinson for their kind and considerate staff. They helped me with my Will and LPA - everything was done on time.

    T. King

    Curtis Parkinson
    5
    2019-09-04T11:15:05+01:00

    T. King

    I'd recommend Curtis Parkinson for their kind and considerate staff. They helped me with my Will and LPA - everything was done on time.

    John Harrison – Wills 6

    Curtis Parkinson were prompt, efficient and great value for money. They were informal, yet professional and gave good advice.

    John Harrison

    Curtis Parkinson
    5
    2019-09-04T11:25:04+01:00

    John Harrison

    Curtis Parkinson were prompt, efficient and great value for money. They were informal, yet professional and gave good advice.

    Michael Eaton – Wills 7

    Curtis Parkinson were very efficient - they replaced my old will with a new one in the space of only a week. I would recommend them.

    Michael Eaton

    Curtis Parkinson
    5
    2019-09-04T11:25:42+01:00

    Michael Eaton

    Curtis Parkinson were very efficient - they replaced my old will with a new one in the space of only a week. I would recommend them.

    Geoff & Sheila Watnall – Wills 8

    Curtis Parkinson dealt with matters without deviating from matters in hand. Quick response, very efficient and likeable manner.

    Geoff & Sheila Watnall

    Curtis Parkinson
    5
    2019-09-04T11:26:34+01:00

    Geoff & Sheila Watnall

    Curtis Parkinson dealt with matters without deviating from matters in hand. Quick response, very efficient and likeable manner.

    Rita Welbourne – Wills 9

    I've never had a will before so I didn't know why one was needed, but Curtis Parkinson explained it to me. I'd highly recommend them.

    Rita Welbourne

    Curtis Parkinson
    5
    2019-09-04T11:27:23+01:00

    Rita Welbourne

    I've never had a will before so I didn't know why one was needed, but Curtis Parkinson explained it to me. I'd highly recommend them.

    Debbie Spencer – Wills 10

    Curtis Parkinson helped me to understand will writing. They were friendly and took the time to really go over detail.

    Debbie Spencer

    Curtis Parkinson
    4
    2019-09-04T11:28:10+01:00

    Debbie Spencer

    Curtis Parkinson helped me to understand will writing. They were friendly and took the time to really go over detail.
    4.8
    10
    Curtis Parkinson
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