0370 1500 100

Trust Administration Services

Administering a trust effectively can be extremely time consuming and daunting. Our solicitors can help ensure that your trust is managed correctly or help you with your duties as a trustee.

Trust law and the associated compliance reporting requirements are increasingly complex and trustees can struggle to manage their duties effectively. This can mean that trustees are put in danger of claims from beneficiaries or of falling foul of HMRC reporting requirements.

We can protect trust assets and maximise the benefits for your beneficiaries by:

  • Managing trusts administration on behalf of trustees
  • Assisting with one-off administrative or compliance tasks, such as a single tax return
  • Preparation of trust accounts
  • Ensuring full legal and tax compliance
  • Advising on the legal powers and responsibilities of trustees
  • Acting as professional trustees.

Whether you are planning to create a trust or you are currently acting as a trustee yourself, we can help.

Our specialist lawyers and accountants look after over 1000 trusts of all sizes and types, ranging from small family trusts to large charitable trusts. We offer a complete service - from the creation of the trust to the final distribution of assets to the intended beneficiaries.

We assist with all aspects of trust administration, accounting and taxation compliance, with systems and processes developed over many years. We manage these affairs efficiently and cost-effectively while ensuring that all legal obligations are met.

Contact us today to find out more about how we can help with trust administration or how to appoint us as a trustee.

Advise trustees on compliance and how to carry out their duties
Offices in 14 locations across the UK
Experts in managing tax and income that can affect trusts
Specialist teams able to manage UK and offshore trusts of all sizes

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Trust Administration - More Information
    • What Do Irwin Mitchell's Trust Administration Services Include?
    • We offer a bespoke service to meet the individual needs of each trust we work with, whether you’d like us to assist trustees with their duties or appoint us to serve as a trustee ourselves.

      We can provide a full administration service to handle all the administration, taxation, and compliance requirements of a trust. Our Trust Corporation can provide the services as professional trustee for the lifetime of the trust – which can be much longer than any individual trustee is able to serve.

      We can also provide one-off assistance with single issues such as a trustee tax return or a particularly important transaction.

      We can also act as a trustee to directly manage trust affairs, either as a sole or joint trustee. You can appoint us as a trustee when establishing the trust or to replace an existing trustee.

    • Why Should I Appoint Irwin Mitchell As A Trustee?
    • By appointing us as a trustee, you’re ensuring the very best protection for your assets for the entire lifetime of your trust.

      When appointing an individual trustee, there’s always some concern about who will replace them if they can no longer fulfil their duties.

      Our trust corporation is an ‘enduring entity’ – it will never need replacing. Your trust will always be in safe hands that are well acquainted with its assets, the beneficiaries, and your instructions.

      You will have some of the most knowledgeable trust experts in the country directly managing your trust. All aspects of your trust’s administration will benefit from expert insight covering tax compliance, property management, accounting, wealth structuring, international law, and more.

      Our highly experienced Board of Directors will actively contribute to decision-making, with rigorous internal governance procedures in place to provide even greater assurance.

      Our collaborative decision-making lets us objectively assess the best options for the trust and its beneficiaries every time. Unlike the friends and family that many people appoint as trustees, we can make truly impartial decisions without any conflicts of interest.

      Call us on 0370 1500 100 to find out more about appointing us as a trustee.

    • Meet The Team
    • The Irwin Mitchell Trust Corporation directors are all partners of the Irwin Mitchell LLP law firm. We are specialist lawyers with extensive knowledge of private client, trust and tax law. We bring technical expertise, professionalism, and common sense to every trust we are appointed to.

      Our directors change over time, so your trust will always benefit from a fresh and innovative approach balanced by our rigorous processes and decision-making governance.

      We also have access to in-house financial planning and investment management services if your trust needs extra support in these areas.

      Meet the team

Irwin Mitchell are a very professional, trustworthy and straightforward company to deal with. I would recommend them to anyone."

Frank Clayton, client

Frequently Asked Questions

What Is A Professional Trustee?

A professional trustee is a person or company that is knowledgeable and experienced in trust administration and acts as a trustee for a fee. People often choose to appoint at least one professional trustee to their trust alongside other individuals because they can:

  • Inform other trustees with professional advice
  • Help trustees make objective decisions
  • Act impartially in difficult family situations.

Professional trustees have all the same duties and responsibilities as normal trustees such as record-keeping, decision-making, and ensuring that benefits are distributed correctly. Appointing a professional trustee makes sure that these duties are carried out correctly so your trust can protect and distribute your wealth as intended.

Professional trustees can also ensure that beneficiaries receive as much as possible by using their specialist knowledge to protect trust assets from tax, divorce, or creditors.

Companies that act as professional trustees are known as trust corporations.

Find out more about appointing one of our solicitors as a professional trustee – contact us today.

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What Is A Trust Corporation?

Trust corporations are limited liability companies that can take on certain legal roles for a fee. They can:

  • Act as executors or administrators of an estate
  • Act as a litigation friend for people with reduced mental capacity
  • Be appointed as a trustee of a trust
  • Receive Power of Attorney in certain situations.

Although you may have a specific point of contact within the corporation, no individual is personally responsible for a given role. The directors of the company can make decisions jointly and work might be delegated or even contracted out. The corporation continues to manage the role even when individuals leave, retire or pass away.

Appointing a trust corporation instead of an individual trustee can have various benefits, such as:

  • Availability of multiple people to sign documents, attend meetings, and make decisions
  • Combined experience of multiple experts
  • No costs or delays to replace trustees who step down or pass away
  • Easier to avoid conflicts of interest
  • Impartial, objective advice and decision-making.

Call us on 0370 1500 100 to find out more about how the Irwin Mitchell Trust Corporation can help you.

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Awards and Accreditations

We're always proud to be recognised for the work we do for our clients and have been named as a leading firm in the latest legal guides - which provide information and recommendations about lawyers and law firms in the UK.

Private Client Team of the Year - Legal Business Awards 2018 legal-500-2019 chambers-2019 chambers-high-net-worth-firm-2018-logo eprivateclient Top Law Firms 2017 The Times Best Law Firms 2019

What Our Clients Say

We truly value and appreciate the feedback we receive from our clients, as we look to improve the services we offer on an ongoing basis.

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Our Offices

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