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Creating a trust

Discuție în 'Everything Else Heritage' creată de decauville1126, 18 Dec 2025 la 20:31.

  1. decauville1126

    decauville1126 New Member

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    I'm toying with the idea of putting various heritage transport items into a trust. If anyone can point me in the direction of any solicitors that have specialist experience in this field then a pm would be appreciated.
    Thanks.
     
  2. 21B

    21B Part of the furniture

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    Wouldn’t it be easier to donate them to one or more suitable existing trusts?
     
  3. William Fletcher

    William Fletcher Member

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    Not if you have specific requirements for the itmes in the Trust. I have set one up for various items in my care but I'd prefer not to go into details here. It didn't cost much ansd was very straightforward.

    Google suggests: You can start a trust online for free using template sites like LawDepot, eForms, or FreeWill, but these often have limitations and are best for simple situations; for complex needs or tax efficiency (like in the UK), you might use online processes linked to insurance/financial products (Royal London) or need to register with HMRC, with many experts recommending a solicitor for accuracy to avoid costly errors and ensure legal validity, especially for UK trusts.
     
  4. Bikermike

    Bikermike Well-Known Member

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    Do not do this yourself. Trusts are very fiddly things.
    In terms of law firms private client and inheritance specialists are likely to be the way to go.
     

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