Trust Advice

We can help you decide whether a Trust is right for you and advise on all aspects of the creation and management of Trusts

There are many different scenarios which will merit the creation of a Trust. For example, a Trust can be set up for beneficiaries under the age of 18 years, to help those who are unable to manage their money themselves, to protect those with a disability or to reduce the value of an estate without making an outright gift to a single beneficiary. A trustee is the person who takes on the responsibility of managing the Trust, and there is often more than one. A beneficiary is the person or persons who may benefit from the Trust.

How can we help?

If you think that your circumstances may require the setting up of a Trust then we can talk you through the many different types of Trust available and help you to establish which type of Trust is best for you in your circumstances.

We will set up the Trust, including drafting any documentation required and registering the Trust in accordance with HMRC regulations. Going forward, we can manage and administer the Trust on your behalf and wind it up when required.

Why choose Wallace Robinson & Morgan?

We are able to give you detailed advice and help on whether or not a Trust is right for you and, if so, which type of Trust will best achieve your desired outcomes. We can advise on the regulatory requirements for Trusts and the tax implications of setting up a Trust.

FAQ's

Find guidance on trust advice with our FAQ’s. Learn how trusts can protect assets and provide for future generations.

What is a Discretionary Trust?

This is where the trustees can distribute funds according to their discretion. You are able to specify the potential beneficiaries of the Trust and guide the trustees as to how the Trust Fund should be used (normally by providing them with a letter of wishes), however, it is ultimately up to the trustees’ discretion as to how the Trust is managed and what distributions are made.

Is it expensive to set up a Trust?

There are costs involved in preparing the paperwork required to create a Trust and comply with HMRC’s requirements, as well as costs associated with the ongoing management of the Trust. There may also be tax implications in setting up the trust. When you talk to us, we will fully explain the costs and tax implications.

Contact Us for Advice on Your Matter

0121 705 7571

call now

What to do next?

Book an appointment with our dedicated Wills and Probate solicitors. Our Solihull and Dorridge teams are here to provide expert advice tailored to your needs.

Call us at 0121 705 7571 for Solihull or 01564 779393 for Dorridge. Alternatively, fill out the contact form below—your privacy is assured—and we’ll arrange a convenient time to assist you.

Contact form

Liam Wdowiak

Head of Wills and Probate Department, Solihull

Liam is a Director specialising in estate administration, Wills, and Lasting Powers of Attorney. An accredited member of the Law Society's Wills and Inheritance Quality Scheme (WIQS), he joined the firm in 2017 and provides a friendly, professional service.

Ruth Nolan

Head of Wills and Probate Department, Dorridge

Ruth is a Director and an accredited member of the Law Society’s Wills and Inheritance Quality Scheme (WIQS), providing tailored Wills and Probate advice to clients.She is also an accredited member of the Association of Lifetime Lawyers (ALL), specialising in legal advice for older people, and a full member of the Society of Trusts and Estates Practitioners (STEP).

Gary Sawyer

Solicitor - Associate - Commercial Property Department and Wills & Probate Department

Gary has been with Wallace Robinson and Morgan since April 2019. He initially worked in the plot sales team before starting his training contract in the family department in January 2020. During his training, he gained experience in property, commercial, corporate, and probate matters and is now an Associate Solicitor.

Uzma Rasool

Solicitor - Wills and Probate Department

Uzma is a solicitor in the Wills and Probate Department. She joined Wallace Robinson & Morgan as a paralegal in 2022 and qualified as a solicitor in January 2024.

Shola Parry

Solicitor - Wills and Probate Department

Shola is a Solicitor in our Wills and Probate department. She joined WRM in 2020 and assisted in our Wills & Probate team as a Paralegal before completing her training contract and qualifying as a Solicitor in August 2025.

Get insights & updates

Our Latest News

Stay informed with insights from our legal experts! Our articles cover a range of topics, offering practical advice and valuable tips to help you navigate legal matters with confidence. Check back regularly for updates tailored to your needs.