Call: 01229 580956

Progression Solicitors
Progression Solicitors
Offering practical solutions for legal issues, providing a client focused, value-for-money service.
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Trusts

Trusts

A trust is a way of passing assets to the next generation without necessarily giving the beneficiaries a free hand with those assets until they reach an age at which they are mature enough to manage them.

Property transferred into trusts may be shares in family companies, farms or commercial property. In the 2006 Budget, sweeping changes were made to the taxation of trusts which in some cases makes them less favourable as tax-savings measures. However, they are still a valid tax planning tool for those who have significant assets. We have many years’ experience in creating and administering trusts.

Many clients use as a tool for the following reasons:-

  • Passing assets to the next generation
  • To own property with several individuals
  • To invest money on behalf of minor children or disabled individuals
  • To clarify ownership of the home or other assets where they have remarried.

If you would like more information or would like to discuss matters in confidence, contact any of our offices using the link to our contact page

Our head of the private client department, Pamela Horobin, is also a longstanding member of STEP

Get in touch

Contact our team today for expert legal advice on a wide range of business and personal legal issues.

01229 580956
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What our clients say about us

" Upfront costs and straight forward language. I used Progression for conveyancing and they were truly excellent, they kept me informed and answered the phone when I rang (which seems to be a rarity for Solicitors these days)

What our clients say about us

"My business was dealt with speedily, efficiently and professionally."

What our clients say about us

"Me and my partner used Progression to buy our first home and they couldn’t have been better. They explained everything clearly and were very prompt at answering any questions we had. We would definitely recommend to our friends and return in the future should we require a solicitor"

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If you would like to know more about our services or would like a quick chat about a legal matter, please get in touch.

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Contact Us

  • Ulverston: 01229 580956
  • Windermere: 015394 42255
  • Grange-over-Sands: 015395 38288
  • Barrow-in-Furness: 01229 808404
  • Kendal: 01539 678500

info@progressionsolicitors.com

Progression Solicitors - Legal Services, the Lake District and Cumbria

Progression Solicitors Ltd is a limited company registered in England and Wales. Registered number: 5513037

Authorised and regulated by the Solicitors Regulation Authority No 558020