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:
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Reducing the burden on family trustees;
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Reducing the risk of a conflict of interest between trustees;
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Overcoming any disruptions caused by the retirement or absence of an individual solicitor if they are the professional trustee;
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Assisting with difficult or controversial decisions; and
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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)