Linklaters’ trusts team combines a strong and broadly based commercial trusts practice with equally expert private client and charities practices.
The team often works on matters originating from the firm’s pre-eminent global corporate department, usually where a trust is part of the structure of a transaction or undertaking or a body of trustees is party to the transaction.
Individuals seek Linklaters’ expertise when setting up trusts and making wills or gifts. Trustees rely on the firm’s advice on making distributions and changing the terms of their trust. Charities consult the team if they want to alter their constitution or are unsure whether they can make a particular type of grant.
Recent trusts transactions include advising:
- GAVI Fund, the International Finance Facility for Immunisation scheme designed to provide life-saving vaccines for some of the world’s poorest countries – Linklaters advised on two UK-registered charities which were central to the scheme
- GUS plc on the Experian/Home Retail Group demerger, particularly on the income access share trust which enables UK shareholders in Experian to receive UK-source dividends
- an investment bank offering trusts services to individuals who are resident, but not domiciled, in the UK. Linklaters provided a raft of standard form documents, together with reference and training materials
- Liberty International on its adoption of REIT status