Trusts Solicitor (Private Client) - Hybrid

The Role

We 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.

• Administering a portfolio of trusts on behalf of new and longstanding clients including annual accounts and tax returns
• Legal drafting of documents in relation to:
• retirement and appointments of Trustees
• advances to beneficiaries
• winding up of trusts
• Preparation and submission of the annual declarations on the Trust Registration Service
• Preparation and submission of FATCA and CRS returns, where necessary
• Hosting the annual Trustees Meeting to review the trust investments with the IFA and Trustees
• Preparation of the inheritance tax forms and calculations for all Relevant Property Trusts
• Undertaking the day-to-day administration of the trusts to include talking to beneficiaries and handling their requests for financial support.

Knowledge, skills and experience required

• At least five years of post-qualification experience in administering Trusts
• A basic understanding of Personal Tax Returns
• Inheritance tax, capital gains tax and CGT 60-day knowledge
• IDEALLY you will be STEP qualified, but not essential
• Experience of preparing trust accounts and tax returns
• Experience of dealing with professional intermediaries, trustees and beneficiaries
• CLEAR understanding of the compliance requirements for trusts
• Experience of liaising with HMRC as required, on behalf of trustees and beneficiaries
• EXCELLENT verbal and written communication skills with the ability to explain complicated legal processes in a clear way to your clients
• Strong relationship building experience in order to build and maintain relationships with trustees and beneficiaries
• Experience of training, development and mentoring of junior team members
• Willingness to attend business development activities on behalf of the team and the firm

Workplace Information

This 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.