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Expert advice to draft a Declaration of Trust

The Advice

Declaration of Trust reflects the ownership of a property and the proportions contributed by each party.

The aim of this document is to protect the beneficial interests of all parties who have contributed to the purchase of a property whether or not they are named on the legal title, for example, if you are a parent who will be contributing to the balance of  the deposit for your child’s first home.

A Declaration of Trust is particularly useful when making unequal contributions to a property and will show how the sale proceeds are to be divided between the parties when the property is sold.

A Declaration of Trust should ideally be drafted before completion of the property takes place so it is ready to be signed on this date.  However, it is possible to make a Declaration of Trust at any time after the purchase of a property.

Whilst the Declaration of Trust makes clear the shares which each party owns in a property, it is important to make a Will to ensure your share of the property passes to your chosen beneficiaries.

The Next Steps

To contact us, please:

Call us on 01442 218090

Send an email to info@hepburndelaney.co.uk

Click on the link to the right and Contact the Wills and Probate Team

Working with a family business

Hepburn Delaney was established in 2013 by Jane Hepburn and Rebecca Delaney who had worked together for several years before deciding to set up a specialist family law practice. Our intention has always been to provide a niche, bespoke service to clients seeking advice on a broad range of family matters and we remain committed to this approach.

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