Advice in relation to Establishing & Administering Trusts
Trusts take many forms and can be used for a variety of reasons. Here at TC Young, we offer comprehensive advice on administering and terminating existing private and Charitable Trusts and the legal process of establishing and administering new Trusts.
A Trust may be established up for tax planning purposes, to provide support to vulnerable or disabled beneficiaries and for many other purposes. Our team will meet with you to discuss your personal circumstances and advise you if the use of a Trust would be appropriate and if so, what form it may take.
Our team is on hand to provide advice on Discretionary Trusts (including Trusts for Disabled or Vulnerable Individuals), Liferent Trusts, Charitable Trusts and Scottish Charitable Incorporated Organisations (SCIOs).
We also administer the Endrick Trust, a Scottish Charitable Trust (SC012043) established in 1984, and for more information please click here.
Our team of specialists
You are in safe hands with our skilled and experienced team of trusted advisors.
- Partner
- Partner
- Senior Solicitor
- Solicitor
- Solicitor
- Solicitor
- Accredited Paralegal
- Trainee Solicitor
FAQs
The answers to some of our most frequently asked questions.
What is a trust?
A Trust is a legal arrangement where one or (preferably) a number of Trustees have legal responsibility to manage assets in accordance with the purposes set out by the Settlor of a Trust.
Can I protect a vulnerable adult with a Trust?
Yes, often Trusts can be used to ensure a Vulnerable Adult is supported appropriately.
Should I create a Trust?
Our team of can advise you if a Trust would be suitable for your circumstances and if appropriate can guide you through the process to create one.
Trusts can be created in your lifetime or in your Will to be created on your death. Our solicitors can assist you in establishing if a Trust is right for you.
