A Declaration of Trust is a crucial legal document that sets out the ownership interests of individuals in a property. At Wollens Solicitors, we provide expert legal advice to help you draft a Declaration of Trust that protects your financial contributions and ensures clarity in property ownership.
Why Do You Need a Declaration of Trust?
When two or more people purchase a property together, they may contribute different amounts toward the deposit, mortgage, or maintenance costs. A Declaration of Trust formally records each person’s share, ensuring transparency and preventing potential disputes in the future.
How Can Wollens Help?
At Wollens, our experienced solicitors provide tailored advice to suit your individual circumstances. Whether you are:
Unmarried couples buying a home together.
Family members contributing to a property purchase.
Friends or business partners investing in property jointly.
We can draft a legally binding Declaration of Trust that clearly outlines ownership proportions, responsibilities, and what happens in different scenarios, such as a sale or change in ownership.
Protecting Your Investment
A well-drafted Declaration of Trust safeguards your financial interests and ensures a fair distribution of proceeds if the property is sold. Our team will guide you through the legal process, making it simple and stress-free. For expert advice on Declaration of Trusts, contact Wollens Solicitors today and let us help you secure your property rights with confidence.
Having previously been with a local family solicitor I did not feel I was being supported nor did I feel the best interests of my family were at the heart. On speaking with Victoria I felt that she had a completely different attitude and was confident she would get me the best outcome. On moving to Victoria she instantly worked on getting myself out of the pool for which I am incredibly thankful. With the support of a fantastic barrister chosen by Victoria and her support we have been through a Fact Find, had a resolutions style assessment from an independent social worker and have now been reunited as a family!
Very good to deal with, helpful and timely responses.
As always a smooth, timely and pragmatic approach to conveyancing. Both Tracy and Hayley have been great at expediently transacting on what could have been a complicated transaction. Communication has been consistently good throughout and an experience base that can be relied upon.
I was very impressed with everything to do with my will update. Professional advice and opinion is always essential. Very satisfied with everything, Tom is a very knowledgeable and attentive solicitor. Thank you.
My wife and I recently used Tom Calder at Wollens Torquay to prepare LPAs for us both. Tom was very professional and approachable and we were very pleased with the service we had. We have previously used Wollens for property transactions and we will certainly be using them again.
We were very impressed with the outcome of our wills due to the complexity of our situation. Tom took his time to offer the solution that we feel happy with.
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