TRUSTS
    TRUSTS   Trusts can arise in a number of ways.  Sometimes our clients create new trusts to ensure that assets are used for the benefit of various family members, perhaps at different times.  On other occasions a trust can arise on a person's death, because of specific terms in their will or perhaps because there are children involved.  A trust can involve a single asset, such as an ordinary residential property, or a large portfolio of mixed investments.   We are happy to advise on the creation of trusts and also the administration of existing trusts.  This area of law involves particular tax considerations, and the proper understanding of the relevant legislation such as the Trustee Act 2000, which imposes a range of duties on trustees.