Job: Trusts Lawyer, Senior Associate
|Title||Trusts Lawyer, Senior Associate|
|Salary||50 – 200K|
|Location||SWUK Cornwall & Devon|
Private Client Specialist Trusts Lawyer;
Dispute Resolution Contentious Trusts Litigator;
Associate, Senior Associate, Consultant and Designate Partner required;
STEPs – ACTAP membership;
ACA CTA LLB LLM;
We currently have three law firm clients all looking for highly skilled lawyers who are specialists in trusts work. The appointments range in seniority from 2-5PQE associate level to 5-15PQE++ senior associate and finally consultant with the view of making partnership within an eighteen month time span.
Our client firms can be described as very ambitious looking to grow the private client department as quickly as possible. Career opportunities are possibly the best on offer in the business with candidates currently labled as rare to non-existent. We welcome applications from any part of the UK, living and working in both counties of Devon and Cornwall can best be described as near to perfection as possible. The following is a description of what we are looking for; Once you have submitted your CV to our firm, we will arrange a meeting with our law firm client.
We are also interested in locating a Dispute Resolution specialist that has a focus on contentious trust disputes. Our client is looking for 5-20PQE and can offer an immediate senior associate opportunity with an active case load to match the title.
Additionally we seek to find a Senior Trust Lawyer/Partner. Possibly someone from a London, Bristol or Manchester firm looking to relocate to Cornwall. Our client has advised us that they have a keen interest to appoint. Salary package levels range from 150-250K depending on what you bring with regarding client following.
What we are seeking to find and the knowledge that our client requires:
A trust is a legal arrangement where one or more ‘trustees’ are made legally responsible for holding assets. The assets – such as land, money, buildings, shares or even antiques – are placed in trust for the benefit of one or more ‘beneficiaries’ The trustees are responsible for managing the trust and carrying out the wishes of the person who has put the assets into trust (the ‘settlor’). The settlor’s wishes for the trust are usually written in their will or set out in a legal document called ‘the trust deed
Trusts may be set up for a number of reasons, for example:
Under the rules of inheritance that apply when someone dies without leaving a valid will (England and Wales only).
There are several types of UK family trusts and each type of trust may be taxed differently. There are other types of ‘non-family’ trusts. These are set up for many reasons. For example, to operate as a charity, or to provide a means for employers to create a pension scheme for their staff. Cleverly engineered hybrid structures include: Heritage, charitable or business-related trusts and ‘Trust property’ is a phrase often used for the assets held in a trust. They can include:
The cash and investments held in a trust are also called the trust ‘capital’ or ‘fund’. This capital or fund may produce income, such as interest on savings or dividends on shares. The land and buildings may produce rental income. Assets may also be sold producing gains for the trust. The way income is taxed depends on the type of income and the type of trust.
A trust is created when someone gives assets to other people, the trustees, to hold, not for their own benefit, but for the benefit of others – the beneficiaries. Trusts can be set up during a person’s lifetime or on their death via their Will or Intestacy. In whatever situation, the trustees then become liable for managing the assets on behalf of the beneficiaries – the Trust Administration There are a variety of trusts which our trust lawyers can create, including:
Trust Lawyers advise and assist with:
Once the trust has been correctly established, the trustees have an on-going duty to administer the trust in the best interests of the beneficiaries. Trust lawyers and trust administrators can assist in the trust administration and ensure compliance with all duties and regulations imposed on trusts and trustees.
Trust Lawyers and administrators routinely assist with:
Estate planning law governs the laws, procedures and practices associated with planning for one’s estate in the event that he/she becomes incapacitated and for when he/she is deceased. It encompasses the roles and activities of Executors and Administrators; creation and administration of Wills and Last Testaments; Trusts and Living Trusts; Probate; Medical Powers of Attorney, DNR Orders and Advance Directives; associated tax issues; and various other related topics.
The laws governing most of these areas are created primarily on the state level and therefore vary greatly. The Uniform Probate Code (UPC) has sought to clarify, unify and modernize these laws throughout all the U.S states and D.C., but to date; only about 30% have completely adopted the Code, while some of the remaining state have only implemented parts of it. Estate related tax issues, such as gift tax laws and federal estate tax, and various college savings plans are regulated by federal as well as state laws.
Estate Planning Lawyers have great depth coverage, knowledge and understanding of estate planning law, with detailed definitions and links to various resources. An Estate Planning Lawyer also offers resources, information and links covering the Fundamentals of Estate Planning; Types of Wills and Testaments; Types of Trusts; Property That Does Not Pass via a Will; and Other Estate Planning Issues.
For a discreet telephone conversation please contact Jonny Scott-Slater or Ashley Armstrong: 01872 274227.
Mail your CV to firstname.lastname@example.org
Confidentiality is always assured.
Both counties of Cornwall and Devon have so much to offer in the way of career opportunity and recreation life-style.
Cornwall Executive Recruitment Ltd – An employment agency for job vacancies, personnel services and staffing solutions – 01872 274 277.