Need to brush up on your legal terminology? Here we have created a full glossary of the legal terms you’re likely to come across during the process of working with us.
There are currently 7 legal terms in this directory beginning with the letter T.
Tax planning
Making preparations to ensure an estate will not be subject to more than the appropriate level of inheritance tax.
Trust
A legal mechanism for money or property from an estate to be held on behalf of a beneficiary or group of beneficiaries.
Trust corporation
In general terms, a trust corporation is a corporation set up to carry on trust business. In practice, they are often banks and financial institutions but can also be charities or legal firms. There are technical requirements that a corporation must satisfy to be a trust corporation. Trust corporation status confers certain legal advantages, for example, acting as Court of Protection deputies and attorneys.
Get the legal advice you need
Dealing with legal issues can be confusing and stressful. If you’re not sure exactly how we can help you, or if you want to get specialist advice right away, please don’t hesitate to pick up the phone and get in touch.