Trusts – Trusts of Land

Three Stone has outstanding expertise in every aspect of contentious and non-contentious trusts both domestically and in all the major offshore jurisdictions.

Members offer practical advice on the use of trusts  (including in personal and commercial tax planning) and  undertake or assist in the drafting of all necessary documentation and provide consequential advice on inheritance tax and capital gains tax. Often such work involves technical trust restructuring by deeds of appointment or by Court applications.

Members of Three Stone are frequently instructed in disputes concerning  trusts of land (both in a residential and commercial context). Our experience involves applications under the Trusts of Land and Appointment of Trustees Act 1996 for declaratory relief as to the existence and terms of a trust of land as well as for an order for sale followed by a division of the sale proceeds. We have a thorough understanding of the principles of equitable accounting should it be necessary to take an account between co-owners of land.

Some members of Three Stone have particular experience of charitable trusts  and are often asked to advise in relation to the creation and operation of such trusts.

Trusts experts also act in applications to Court for the approval of compromises on behalf of minor or unborn or unascertained beneficiaries.