Comprehensive Trust Services & Estate Planning | mlplaw

Personal Legal Services / Specialised Wills, Trusts and Probate Service / Trusts

Helping You Protect and Manage Your Wealth with Trusts

Our trust solicitors are here to help you protect and manage your wealth –
both now and in the future.

A trust is a legal way to protect your property, money, and investments. When you place assets into a trust, Trustees are appointed to manage them according to your wishes, either during your lifetime or after your death. Trusts are often used to support those who may not be able to manage their own assets, for example; minor children, vulnerable individuals or people with disabilities.

We know that everyone’s financial and family situation is different. That’s why we take the time get to know you and your family and understand your needs. We then create a tailored plan that works for you now and in the future.

Request a consultation with our expert trust lawyers to discuss how you can set up a trust to protect and manage your wealth for the future.

Request a consultation

There are 4 different types of trusts

Will trusts

For protecting assets after death

Created through a Will and comes into effect after you pass away.
Useful for ensuring assets go to the right people and protecting beneficiaries (e.g., young children). Used to control assets post death for multi generations

Life interest trusts

For providing income to a loved one while protecting the capital

Allows someone (e.g., a spouse) to benefit from income or live in a property for life.
The capital or property is then passed to other beneficiaries (e.g., children) after their death.
Ideal for married couples or families with children from previous relationships. Can help with care home fee protection

Lifetime settlements

For managing assets while you’re alive

Set up during your lifetime to protect assets, often from second marriages, care home fees and to mitigate inheritance tax.
Can help avoid probate and ensure a smoother transfer of wealth.
Suitable for those who want long-term financial planning and control.

Compensation protection trusts

For protecting compensation payouts

Used when someone receives a large compensation payment (e.g., from an injury claim).
Helps benefits eligibility.
Management of monies when a person lacks the capacity to do so themselves
Ideal for vulnerable individuals or those who need long-term financial security.

Our STEP-qualified lawyers can help you set up the right trust, advise trustees on their responsibilities, explain how trusts are managed, and provide detailed tax advice. With extensive experience in Wills, estate planning, probate, and tax law, we’re here to make the process as straightforward as possible.

*STEP – Society of Trust and Estate practitioners

We can help with:

Creating trusts in Wills
Property trusts
Discretionary trusts
Trusts for vulnerable beneficiaries
Charitable Trusts
Pension/Life assurance trusts
Trust registration at HMRC
Removing/appointing assets into trust
Removing /appointing trustees
Termination of trusts
Ongoing trust management
Detailed IHT planning and advice

Why Trusts are important?

✓ Protect Your Assets – A trust helps safeguard your wealth, property, and investments from risks such as divorce, creditors, or poor financial decisions.

✓ Control Over Your Wealth – You decide how and when your money and assets are used, even after your lifetime. This is particularly useful for young beneficiaries or those who may need guidance.

✓ Reduce Inheritance Tax – Certain types of trusts can help mitigate inheritance tax, ensuring that more of your wealth is passed on to your loved ones.

✓ Avoid Probate Delays – Trusts allow assets to be transferred more smoothly after death, avoiding the probate processes.

✓ Provide for Vulnerable or Disabled Family Members – A trust can ensure financial support for a loved one without affecting their eligibility for state benefits.

✓ Protect Against Care Home Fees – Some trusts can help protect your home and assets from being used to cover long-term care costs.

✓ Keep Family Wealth in the Right Hands – Trusts can prevent assets from falling into the wrong hands, such as in the event of remarriage or family disputes.

✓ Flexibility for Life Changes – Many trusts can be adjusted over time to suit changing circumstances, such as marriage, divorce, or financial growth.

✓ Confidentiality – Unlike a Will, which becomes a public document once probate is granted, a trust remains a private documents, keeping your financial affairs confidential.

✓ Peace of Mind – Setting up a trust ensures your loved ones are looked after according to your wishes, providing long-term financial security.

Speak to our Wills, Trusts and Probate Team

0161 926 1535

Our Approach

At our firm, we pride ourselves on being Legal 500 recognised solicitors, demonstrating our excellence in trust law, estate planning, and wealth protection. Our team includes STEP-qualified lawyers and members of The Lifetime Lawyers association, ensuring that you receive expert guidance from highly accredited professionals. With extensive experience in trusts, wills, tax law, and estate planning, we provide tailored legal solutions that safeguard your assets and secure your family’s future.

What sets us apart is our commitment to clear, proactive, and compassionate communication. We take the time to understand your unique circumstances, providing expert legal advice in a way that is straightforward and easy to understand. We believe that trust law shouldn’t be overwhelming, so we guide you through every step, offering practical solutions and ongoing support. Our client-first approach ensures that your needs and concerns are always prioritised.

We are also fully transparent with our costs, providing clear pricing and outlining all fees upfront – so you always know what to expect. There are no hidden charges, just honest and reliable advice from a team that genuinely cares about protecting your wealth.

Testimonial

“My late mother’s estate unexpectedly went into probate after her death and the solicitor handling it was very old, very ill and his company was going under (unbeknownst to us!) When MPL Law took it over, Doris was our point of contact for the probate process. She took control of the situation, established a friendly but professional working relationship with me and helped me manage the stress I was under from family pressure to resolve the situation with humour and practical steps that her predecessor had been unable to achieve. I was never so glad to have someone on my side like Ms. Raggatt. I felt listened to and frankly, Doris made things happen. I was hugely impressed and would recommend her to anyone.”

Paul

“Mlp Law and their fantastic solicitors Doris Raggatt, Victoria Hands and Chloe Linsley have provided excellent integrated probate and conveyancing services to handle my late mother’s estate and the sale of her flat. They have dealt with everything efficiently and smoothly and have kept me updated at every step of the way. This is not the first time I have required these types of services, but I can safely say their service offering is by far the best I have experienced. I would highly recommend these solicitors and Mlp Law.”

Dr Shaun Abeysinghe, Review Solicitors

“I would have no problem with recommending this solicitor or using them myself again. They provided an excellent service throughout. The solicitor handling my request was Doris Raggatt and I found her straight forward and easy to deal with.”

Barbara

“Jane Hunter was both helpful and accommodating. Communication was swift and my questions were always answered. Many thanks.”

Joanna

I recently worked with Doris at MLP Law on legal matters relating to my late brother’s estate. She handled the legal matters with great professionalism and empathy, making a tough time easier for my family and me. Doris ws always available to answer questions and responded to questions promptly. I highly recommend Doris and MLP Law for their outstanding service and support.

Frank, Review Solicitors

MLP Law were asked to deal with my brother’s estate as he died intestate and with a few complex issues amongst his paperwork. The team went above and beyond to help me understand and complete the necessary formsalong the way. It was an arduous process but they made it so much easier. Their friendly and professional approach really took the pressure off at a very emotional time. Thank you!

Mr Cox

Must-read blogs from Wills, Trusts & Probate Team

Inheritance Tax For Farmers: What Now?

19th Mar 2025

Trust Solicitors

Helping You Protect and Manage Your Wealth with Trusts

Request a consultation

There are 4 different types of trusts

Will trusts

Life interest trusts

Lifetime settlements

Compensation protection trusts

We can help with:

Why Trusts are important?

0161 926 1535

Our Approach

Testimonial

Request a consultation

Must-read blogs from Wills, Trusts & Probate Team

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