Trainee solicitor’s blog No.2: Oh no, Trusts!
Posted by Melissa - February 21 2019
As with every new job role, just as you feel that you are settled into a routine and find your new 'normal', something comes along that throws you off balance!
This for me happens to be … Trusts!
Packed to the brim of “old school” legal jargon, Trusts are a maze to construct and in turn, deconstruct. Fortunately for me, in my first seat in Wills and Probate, I am working alongside the amazing Kim Boylett. Kim's "No question, is a silly question" approach and her experience in the area of over 16 years, helps me to feel confident to take on the challenges of Trusts.
If we look past the pretentious legalese vocabulary, Trusts are documents which provide long term safety of family assets. This could be in the form of a Life Interest Trust in a Will, allowing a spouse or dependant to occupy the family home for the rest of their life. Or, in the slightly different form of a Discretionary Trust, allowing money to be bequeathed without the worry that it will be squandered away on luxurious holiday’s and fancy champagne!
In the short time that I have been working within the Wills and Probate team at Baxter Harries I have seen first-hand just how complex Trusts can be. Aside from the technical know-how, what’s impressed me the most is how Kim makes it so easy for clients, even in the most difficult or complex situations. I have already learnt so much from Kim and I know this is only the beginning of a challenging learning curve. It’s great to be learning from such a well-respected expert.
For more information regarding Trusts, please contact the office on 01277 362332.