Trusts Solicitor

4 days ago

Ipswich, United Kingdom Ashtons Legal LLP Full time

Trusts Solicitor (Private Client) - HybridOur highly regarded specialist team works with clients on all aspects of the administration of trusts. Our team removes the stress of completing annual accounts, tax returns, HRMC compliance and dealing with the day-to-day requests from beneficiaries for funds.The RoleWe are looking for a Solicitor with at least five years of post-qualification experience to join our Trusts and Tax team to administer a portfolio of trusts for our longstanding clients. You will work collaboratively with our Private Client lawyers and Ashtons Legal Trust Corporation directors.Whilst not an exhaustive list, you can expect to be involved in and responsible for:Administering a portfolio of trusts on behalf of new and longstanding clients including annual accounts and tax returnsLegal drafting of documents in relation to:retirement and appointments of Trusteesadvances to beneficiarieswinding up of trustsPreparation and submission of the annual declarations on the Trust Registration ServicePreparation and submission of FATCA and CRS returns, where necessaryHosting the annual Trustees Meeting to review the trust investments with the IFA and TrusteesPreparation of the inheritance tax forms and calculations for all Relevant Property TrustsUndertaking the day-to-day administration of the trusts to include talking to beneficiaries and handling their requests for financial support.Knowledge, skills and experience requiredIdeally you will have the following skills and experience:At least five years of post-qualification experience in administering TrustsA basic understanding of Personal Tax ReturnsInheritance tax, capital gains tax and CGT 60-day knowledgeIdeally you will be STEP qualified, but not essentialExperience of preparing trust accounts and tax returns.Experience of dealing with professional intermediaries, trustees and beneficiariesClear understanding of the compliance requirements for trustsExperience of liaising with HMRC as required, on behalf of trustees and beneficiariesExcellent verbal and written communication skills with the ability to explain complicated legal processes in a clear way to your clientsStrong relationship building experience in order to build and maintain relationships with trustees and beneficiariesExperience of training, development and mentoring of junior team membersWillingness to attend business development activities on behalf of the team and the firmThis is a hybrid position, but we would like you to be able to attend our Bury St Edmunds office twice a week to work with the rest of the Trusts and Tax team.Ashtons Legal is an equal opportunities employer and we welcome applications from all communities and backgrounds. #J-18808-Ljbffr

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