Helping You Plan Ahead

 

At TMT, we specialise in Will Trusts and Declarations of Trust, helping you protect what matters most with clear, practical legal solutions.

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Whether you want to safeguard your property, ensure your wishes are followed after your lifetime, or clearly define ownership arrangements, we’ll guide you through your options with straightforward advice you can trust.

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What Is a Trust?

A trust is a legal arrangement that allows assets to be managed by one person (a trustee) on behalf of another (a beneficiary).

We focus specifically on trusts created within a will (Will Trusts) and Declarations of Trust linked to property ownership.

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Will Trusts

A Will Trust is created as part of your will and comes into effect after you pass away. It allows you to control how your assets are used and distributed in the future.

 

Declaration of Trust

A Declaration of Trust is a legal document that sets out how property is owned when two or more people purchase together.

It is most commonly used for:

• Unmarried couples

• Joint owners contributing different amounts

A Declaration of Trust can:

• Record unequal shares (for example, where one person pays a larger deposit)

• 'Ring-fence' contributions to be returned on sale

• Provide clarity and prevent disputes in the future

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To ensure it is legally recognised, a restriction is typically placed on the property title, preventing a sale unless the terms of the Declaration are followed.

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Why Consider These Arrangements?

Both Will Trusts and Declarations of Trust help you:

• Protect your financial contributions

• Provide clarity and certainty

• Ensure your wishes are legally documented and followed

• Reduce the risk of disputes between family members or co-owners