Download this page as a PDF - Withers

Our service
Continuity is vitally important when dealing with trusts and therefore each trust is allocated a dedicated
manager who will be responsible for all aspects of the trust management service.
In all cases, a principal of Withers LLP will oversee the work of the individual manager and provide legal
and professional support to the trustees.
Trust managers are carefully matched with each trust to derive the full benefits of their experience and
charging rates.
Through continuing investment in modern computer systems, combined with a personal and practical
understanding of the needs of trustees and beneficiaries, each trust manager is readily in touch on a
daily basis with those trusts for which they are responsible and is able to provide any information needed
promptly and efficiently.
To assist trustees in complying with current legislation and regulation, including the Trustee Act 2000,
the trust management group will draw on the legal support of Withers LLP to ensure that appropriate
policy statements are put in place.
Fees
Fees are based either on a set scale or on hourly rates and will vary depending on the seniority and
experience of the manager involved. The selection of the appropriate manager is agreed with the client
prior to the appointment of Withers LLP to undertake the trust management.
The scale of fees in force from 6 April 2002 is 0.5% pa for a life interest trust and 0.7% pa for other types,
based on the value of the trust at 5 April at the commencement of the accounting year in question,
subject to a minimum fee of £500 pa.
VAT will be added to the above fees as appropriate.
Terms and conditions
The firm’s terms and conditions of business in force from time to time will apply and Withers LLP reserves
the right to charge additional fees for any matters arising which do not occur in the normal course of
business.
…2