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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.
Testimonials
Knowledgeable and super helpful. I can’t recommend Simon highly enough. I needed quite a complicated legal agreement for a planning application at very short notice and he was really efficient and professional. From outset I felt very confident and reassured that he could get it done.
I cannot praise Wollens Barnstaple branch highly enough for excellent, professional service when selling and purchasing property. I would happily recommend them and intend using them again for further legal matters. Thank you so much Andrew Wood for making it all such a smooth and stress free process.
2nd transaction Andrew has helped us with – very easy to deal with, friendly, helpful support staff and overall good value. Would highly recommend
I was very pleased with the service provided for the recent sale and purchase of my properties. Andrew was very approachable, informative and efficient in dealing with my enquiries during the process which all helped for both transactions to go through smoothly. I would definitely recommend Wollens with no hesitation. Thank you
We had not had to seek advise on this matter before, Rhoda conducted the work in a very professional and clear way. Her work with our agent bought the matter to a very successful conclusion.
Rhoda and her team reacted to and responded to all my and the other party’s emails in a fast informed and efficient manner. Definitely a professional firm of solicitors I will use in the future.
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