Best Trusts Lawyers in Ireland

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Joyce & Company Solicitors

Joyce & Company Solicitors

Cork, Ireland

Founded in 1982
10 people in their team
Joyce & Co Solicitors was founded in 1982. Our firm is client-focused and one of general practice. At Joyce & Co Solicitors, we have an...
Irish
English
Halpin & Co. Solicitors

Halpin & Co. Solicitors

Cork, Ireland

Founded in 2000
50 people in their team
Halpin & Co. Solicitors CorkWe work with commercial clients and private individuals, who need prompt and practical legal solutions. We discover...
Irish
English
Anthony Joyce & Co. Solicitors

Anthony Joyce & Co. Solicitors

Dublin, Ireland

Founded in 2004
50 people in their team
About UsWe’re a general practice law firm but we also offer certain specialities in property, personal injury and insolvency.When clients contact...
Irish
English
Katherina White Solicitors

Katherina White Solicitors

Cork, Ireland

Founded in 2004
50 people in their team
Katherina White Solicitors is a full legal service law firm based in the heart of Cork City.  We provide a full range of legal services for...
Irish
English
Dominic Creedon & Co Solicitors

Dominic Creedon & Co Solicitors

Cork, Ireland

Founded in 1965
50 people in their team
Welcome to Dominic Creedon & Co SolicitorsEstablished decades ago and based in the heart of Cork City, Dominic Creedon & Co Solicitors is a...
Irish
English
O'Donoghue & Associates

O'Donoghue & Associates

Cork, Ireland

Founded in 2000
50 people in their team
O’Donoghue & Associates Solicitors is a progressive firm of solicitors providing a professional yet personal service to all our...
Irish
English
Walsh And Partners Solicitors LLP

Walsh And Partners Solicitors LLP

Cork, Ireland

Founded in 2022
50 people in their team
We are delighted to announce that as and from the 4th of April 2022, the legal practices of Walsh & Partners Solicitors LLP and Deborah...
McGinley Solicitors

McGinley Solicitors

Dublin, Ireland

Founded in 1988
50 people in their team
About McGinley Solicitors LLPMcGinley Solicitors LLP are a legal firm with offices in both Donegal (Letterkenny and Milford) and Dublin. Established...
Irish
English
Denise Kelleher & Associates Solicitors

Denise Kelleher & Associates Solicitors

Cork, Ireland

Founded in 2000
50 people in their team
Denise Kelleher & Associates SolicitorsAn established firm of solicitors with extensive skill and experience, Denise Kelleher & Associates...
Irish
English
Fachtna O Driscoll Solicitors

Fachtna O Driscoll Solicitors

Cork, Ireland

Founded in 2000
50 people in their team
Welcome to Fachtna O’Driscoll Solicitors CorkFachtna O’Driscoll Solicitors are a friendly team of extremely experienced and highly competent Cork...
Irish
English
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About Trusts Law in Ireland

Trusts in Ireland are legal arrangements where assets are held by one party for the benefit of another. They are commonly used for estate planning, protecting assets, and charitable purposes.

Why You May Need a Lawyer

You may need a lawyer for Trusts in Ireland if you are creating a trust, dealing with complex assets, facing disputes among beneficiaries, or seeking guidance on tax implications.

Local Laws Overview

In Ireland, trusts are governed by the Trustee Act 1893 and subsequent amendments. The key aspects include the duties of trustees, the rights of beneficiaries, and the taxation of trusts.

Frequently Asked Questions

1. What is a trust?

A trust is a legal arrangement where assets are held by one party (the trustee) for the benefit of another (the beneficiary).

2. How do I create a trust in Ireland?

To create a trust in Ireland, you need to document the terms of the trust in writing, appoint a trustee, and transfer assets to the trust.

3. What are the duties of a trustee?

Trustees in Ireland have a duty to act in the best interests of the beneficiaries, manage trust assets prudently, and keep accurate records.

4. How are trusts taxed in Ireland?

Trusts in Ireland are subject to various taxes, including Capital Gains Tax, Capital Acquisitions Tax, and Income Tax, depending on the type of trust and the assets involved.

5. Can I change the terms of a trust?

It is possible to change the terms of a trust in Ireland through a formal process known as variation of trust. This usually requires the consent of all parties involved.

6. What happens if a trustee breaches their duties?

If a trustee breaches their duties in Ireland, they may be held personally liable for any losses incurred by the trust and may face legal action from beneficiaries.

7. Can I challenge a trust in court?

It is possible to challenge a trust in court in Ireland if you believe there has been a breach of trust, undue influence, or lack of capacity when the trust was created.

8. What is the role of a beneficiary in a trust?

Beneficiaries of a trust in Ireland have the right to information about the trust, to enforce their rights as beneficiaries, and to challenge any actions taken by the trustee that are not in their best interests.

9. Are there different types of trusts in Ireland?

Yes, there are various types of trusts in Ireland, including discretionary trusts, fixed trusts, charitable trusts, and life interest trusts, each with their own set of rules and implications.

10. How can a lawyer help with trusts in Ireland?

A lawyer can help with creating and administering trusts, resolving disputes among beneficiaries, advising on tax implications, and ensuring compliance with legal requirements.

Additional Resources

For more information on trusts in Ireland, you can visit the Law Society of Ireland or consult the Trusts and Estates section of the Irish Statute Book.

Next Steps

If you require legal assistance with trusts in Ireland, it is recommended to seek advice from a qualified solicitor with experience in trust law to ensure your interests are protected and your obligations are fulfilled.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.