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Sheffield: 0114 267 5588

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Wrigleys Trustees Limited is a specialist UK registered trust corporation

Trusteeships can be intricate, time consuming or simply unfamiliar to many people newly appointed as a trustee.

The benefits of a 'professional trustee'

A professional trustee can be a helpful alternative to appointing family members on their own. Benefits to appointing a professional trustee include:

  • Reducing the burden on family trustees;

  • Reducing the risk of a conflict of interest between trustees;

  • Overcoming any disruptions caused by the retirement or absence of an individual solicitor if they are the professional trustee;

  • Assisting with difficult or controversial decisions; and

  • Assisting with trustee processes and regulatory requirements (such as FATCA obligations (Foreign Accounts Tax Compliance Act).

Please see our article on The benefits to families of appointing a corporate trustee explaining the benefits of having a professional trustee.

'The team are exceptionally knowledgeable and have an amazing attention to detail.' 

Chambers and Partners HNW Guide (2023)


‘This team deal with extremely complex issues, which involves a large degree of independent fact-finding. They are thorough and fastidious in their approach to their work, and have a staff of extremely intelligent and engaging lawyers.’

Legal 500 (2023)

 

Sue Greaves View Biography

Sue Greaves

Direct Line: 0114 267 5625

Partner
Sheffield

Meet the team

19 Nov 2024

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Employee Ownership Trusts: Recent Legislative Changes

The UK Government proposes updates to legislation to tighten the Employee Ownership Trust tax regime and ensure EO remains viable and sustainable.