Private Client (Trusts) Solicitor

Errington Legal; Norwich; Hybrid; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Life Assurance

Bonus scheme

Generous holiday policy

Hybrid working

Pension Scheme

Permanent Health Insurance

Health cash plan

Employee Benefits portal

Job summary

Errington Legal Recruitment Limited is assisting a leading regional law firm in recruiting a Trusts Solicitor. The role covers a busy private client Trusts practice across the East of England with hybrid working.

You will manage a portfolio of trusts, draft key documents, and liaise with trustees and beneficiaries. Candidates should have 1+ year PQE in trusts and a working understanding of personal tax returns, inheritance tax, CGT and related 60-day deadlines.

Qualifications

• Experience administering a portfolio of trusts and related tax returns.
• Knowledge of inheritance tax, capital gains tax, CGT 60-day rules.

Responsibilities

• Collaborate with Private Client lawyers and Trust Corporation directors.
• Administer a portfolio of trusts including annual accounts and tax returns.
• Draft legal documents for retirement/appointment of Trustees, advances to beneficiaries, and winding up of trusts.
• Prepare and submit annual Trust Registration Service declarations.
• Prepare FATCA and CRS returns where applicable.
• Host Trustees meetings to review investments with IFA and Trustees.
• Prepare inheritance tax forms and calculations for Relevant Property Trusts.
• Handle day-to-day trust administration and beneficiary inquiries.

Skills

Trusts administration

HMRC liaison

Beneficiary liaison

Drafting documents

Education

STEP qualification

Job description

Would you like to be a part of a highly regarded, specialist Trusts team in a leading regional law firm?

Trusts Solicitor – Various locations across the East of England with hybrid working

Client

A full-service regional law firm with a Legal 500 Tier 1 Private Client Team

Role

• Work collaboratively with the Private Client lawyers and the Legal Trust Corporation directors


• Administer a portfolio of trusts for longstanding clientsincluding 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.

You

• 1+ PQE


• A basic understanding of Personal Tax Returns


• Inheritance tax, capital gains tax and CGT 60-day knowledge


• 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


• Ideally you will be STEP qualified, but this is not essential

Benefits Include:

• Life Assurance


• Bonus scheme


• Generous holiday policy


• Hybrid working


• Pension Scheme


• Permanent Health Insurance


• Health cash plan


• Employee Benefits portal

We are an equal opportunities recruiter, committed to ensuring an inclusive and supportive recruitment process. We embrace and promote diversity as we understand the importance and value of this both for us and our clients.