Brandon
Bury St Edmunds
Norwich
Thetford
Trusts and estates planning
Protecting your wealth for future generations
A lifetime of hard work deserves careful planning. At Rudlings, we understand how important it is to feel confident that your wealth will be protected and passed on in the best way possible.
Whether you’re looking to structure your income for your family’s benefit or simply want to make sure you know exactly what’s going to happen to your estate after you're gone, we can help you make informed decisions with clarity and confidence.
Making estate and trust planning simple
Estate planning and trust law can feel complex, but we make it clear and straightforward. Our expert solicitors help you understand wills, trust structures, and estate administration in plain English, giving you the confidence to plan more effectively.
We take the time to explain your options and are always available to go over the details, ensuring you have a clear understanding of the best ways to preserve your wealth and support your beneficiaries' future.
Key contacts
Steven Mcgrath
Commercial
Kate Ford
Commercial
Jade Westhead
Commercial
How we can help with your succession planning
What are my options for setting up a trust?
We regularly advise clients on how best to pass on their business or other assets, ensuring everything runs smoothly and that their wealth continues to work for those who matter most, even when they’re not there to oversee it.
A key factor with succession planning is deciding whether to set up a trust, or trusts, and if so, which kind – and that’s where we can help.
Types of trusts to consider
At Rudlings, our will writing service is designed to make the process as easy and straightforward as possible:
Discretionary trusts
Discretionary trusts give trustees flexibility and control over how they use trust assets on behalf of the trust’s beneficiaries.
Lifetime trusts
Also known as living trusts, lifetime trusts come into effect while you're still alive, allowing you to benefit from your assets while maintaining provision for how they'll be managed after your death.
Possession trusts
Possession trusts provide beneficiaries with the right to receive income from the assets placed in the trust, but not to receive the assets themselves.
Trust funds
If you have young children, you may want to consider setting up a trust fund to ensure they're provided for if anything happens to you.
Key considerations when setting up a trust
With all these options, it's important to carefully consider which trusts best suit your personal circumstances, who you want as trustees and beneficiaries, and how family assets will be managed within the trust if something happens to you.
Questions our trust solicitors will help you answer:
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Which type of trust best suits my needs?
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Who should be my trustees?
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What assets should be included in the trust?
We'll discuss the benefits and drawbacks of your different options and go over what it means to protect your assets in a trust. We'll also handle any paperwork and make the necessary legal arrangements for setting up a trust.
Our services for trusts and estates planning
Our fresh thinking and proactive approach to managing trusts and estates will help you provide for your beneficiaries and plan how your wealth will continue to shape their lives for years to come.
We offer clear, accessible, and expert advice on the following:
Setting Up a Trust
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Deciding what type of trust you want to set up and why
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Defining your beneficiaries and trustees
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Transferring assets into a trust, including trust property
Managing Existing Trusts
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Reviewing existing trusts and updating instructions for trustees
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Assisting trustees and beneficiaries with their duties
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Helping you to carry out HMRC formalities
Trust Administration and
Legal Support
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Drafting trust legal documents
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Transferring assets into a trust
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Deciding on what assets to transfer into the trust, including trust property
No matter your situation, our estate planning specialists act as a sounding board for any concerns you might have – whether they're related to your trust, trustees, beneficiaries, or another aspect of estate planning.
We support trustees in carrying out their duties and help beneficiaries with any questions about the legal aspect of a trust with which they’re associated.
Need expert guidance or support?
We’re here to help.
Whether you’re setting up a trust for the first time or managing an existing one, we provide support at every stage.
Our trust law experts can handle asset transfers, legal formalities, and any questions you may have. If you're considering
estate planning,we can also connect you with our will-writing service.
Find Rudlings' offices across East Anglia in Norwich, Brandon, Thetford, and Bury St Edmunds. If you're looking for support
with managing existing trusts, or thinking about setting up a trust for the first time, we're here to help.
