Sort Up (Ascending)Font Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

Declaration of Trust Page

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

Rated 5 Star on Google Reviews

DECLARATION OF TRUST

Declaration of Trust - Everything you need to know

In simple terms, a Declaration of Trust is a legal document, sometimes referred to as a Deed of Trust, which is created to protect multiple people who have chosen to buy a property together. It essentially safeguards each person’s interests in the property, making sure everyone receives the correct amount of money they are entitled to if the property gets sold.

What does a Declaration of Trust do?

A Declaration of Trust will often record:


  • The financial arrangements of everyone involved in buying into the property.
  • The individual share amounts each person owns in the property.
  • The amount each party will contribute to the mortgage and outgoings.
  • What will happen in different eventualities e.g. If all owners choose to sell.
  • How the property will be valued before put for sale.
  • How much each shareholder will receive from the sale of the property.

There are many different reasons people choose to sign a Declaration of Trust, but these are the most common:

  • Protecting someone whose name is not on the mortgage.
  • Buying property as an unmarried couple, whether the contribution shares are equal or unequal.
  • Reducing disagreements between the property owners and setting out the agreed terms of ownership at the outset.

Reasons to sign a Declaration of Trust

Call us to discuss your Declaration of Trust

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

5* recommendation!

'Recently my elderly mother in law needed a will written. After some research online I contacted Helen Algar at Suffolk Will Services. Helen is really nice, made mum feel at ease straightaway, and the whole service was totally professional. We’re happy to pass on our positive experience with Helen, and recommend Suffolk Will Services without hesitation. Hoping this will help anyone who might be needing a Will written and is putting it off (as we all do!)”


Mrs Mathius

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

Made the process easy

'Highly recommended. Helen met with us at our home to help us make our wills. She was very patient in explaining and advising what we needed. She made the whole process very easy for us.'


Mr R

Wondeful & Understanding

Helen & Daniel are just fabulous. I liked them both immensley. Absolutely worry free & efficient they totally know their stuff. And they made it all seem very straight forward and seamless. Completed LPA & Will for me & i would thoroughly recommend their services to anyone. Thank you so much it was a pleasure working with you both.

Mr Studd

Caring & Patient

Wondeful & Understanding

“I am so grateful for being recommended Suffolk Will Services by a friend. Helen was so wonderful and understanding of my situation, she met a very quick deadline to make a Will for me before my operation. The whole concept was daunting to me but Helen made it clear, simple and was always keeping me updated which was great. I will definitely be recommending Suffolk Will services to family and friend. Helen, thank you for helping me and bringing peace of mind”

Mrs C

Wondeful & Understanding

“I am so grateful for being recommended Suffolk Will Services by a friend. Helen was so wonderful and understanding of my situation, she met a very quick deadline to make a Will for me before my operation. The whole concept was daunting to me but Helen made it clear, simple and was always keeping me updated which was great. I will definitely be recommending Suffolk Will services to family and friend. Helen, thank you for helping me and bringing peace of mind”

Mrs C

Varified review on google

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

5* recommendation!

'Recently my elderly mother in law needed a will written. After some research online I contacted Helen Algar at Suffolk Will Services. Helen is really nice, made mum feel at ease straightaway, and the whole service was totally professional. We’re happy to pass on our positive experience with Helen, and recommend Suffolk Will Services without hesitation. Hoping this will help anyone who might be needing a Will written and is putting it off (as we all do!)”


Mr M

Varified review on google

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

“Helen visited to go through Wills and Lasting Powers of Attorney with my parents. She was professional, caring and patient with them. Such an important thing to do and Helen is the perfect person to help.”


Mrs M

Wondeful & Understanding

Varified review on google

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

“I am so grateful for being recommended Suffolk Will Services by a friend. Helen was so wonderful and understanding of my situation, she met a very quick deadline to make a Will for me before my operation. The whole concept was daunting to me but Helen made it clear, simple and was always keeping me updated which was great. I will definitely be recommending Suffolk Will services to family and friend. Helen, thank you for helping me and bringing peace of mind”

Mrs C

5* recommendation!

Varified review on google

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

'Recently my elderly mother in law needed a will written. After some research online I contacted Helen Algar at Suffolk Will Services. Helen is really nice, made mum feel at ease straightaway, and the whole service was totally professional. We’re happy to pass on our positive experience with Helen, and recommend Suffolk Will Services without hesitation. Hoping this will help anyone who might be needing a Will written and is putting it off (as we all do!)”

Mrs M

Please check our Privacy Policy to review how we protect and manage your data.

  • Please select a service
  • LPA - Property & Finance
  • LPA - Health & Welfare
  • Will Writing
  • Probate Advice
  • Severance of Joint Tenancy
  • Declaration of Trust
  • Other
Thank you for contacting us. We'll be in touch shortly.

Contact us today

Our simple Declaration of Trust process

Please call to set up your Declaration of Trust

Our clear process ensures it’s easy for you to set up and fully understand your Declaration of Trust:


  1. Call to book an appointment for us to meet; either in a face-to-face meeting or via a video call to take your instructions and discuss every aspect you would like considered in your Declaration of Trust.
  2. We will then prepare a draft Declaration of Trust ready for you to approve.
  3. If there are any changes to make, the updates are made at this stage.
  4. The final version of the Declaration is sent directly to you for your signature.  We ask you to send us a copy of the Declaration, for our papers.   

Areas covered

  • Ipswich
  • Claydon
  • Hadleigh
  • Boxford
  • Sudbury
  • Felixstowe
  • Needham Market
  • Stowmarket
  • Diss
  • Halesworth
  • Aldeburgh
  • Southwold
  • Framlingham
  • Wickham Market
  • Rendlesham
  • Woodbridge
  • Felixstowe
  • Shotley
  • Brantham
  • Manningtree
  • Bury St Edmunds 
  • and everywhere in between.

Suffolk Will Services is based in Ipswich, Suffolk and has clients throughout Suffolk; North Essex and South Norfolk. Helen can visit you in:

Frequently asked questions about Declarations of Trust

The best time is before you complete on your purchase. It should be drawn up ahead of the completion date and signed by all parties and finally dated on completion. You can do a Declaration of Trust after you’ve completed, but the parties do not have to be bound to sign it once the purchase has been completed. So, it’s wise to draw it up and get it signed by everyone in advance. You can always make further Declarations of Trust if situations change afterwards.

If there isn’t a Declaration of Trust, it can become awkward knowing how much people are entitled to when the property is sold.

You probably have lots more questions about how a Declaration of Trust works, please call so we can have a chat about your situation and what will be best for your circumstances.

Call us today and get your Will written, your way

Other useful factsheets relating to Wills

Alternate FileFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
Alternate FileFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
Alternate FileFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
Alternate FileFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
Alternate FileFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

Appointing a Guardian [Link to factsheet]


Property Protection Trust [Link to factsheet]


Vulnerable Person Trust [Link to factsheet]


Discretionary Trust [Link to factsheet]


Flexible Life Interest Trust [Link to factsheet]

StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
StarFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
LinkedIn InFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)
Facebook FFont Awesome Free 5.0.6 by @fontawesome - http://fontawesome.com License - http://fontawesome.com/license (Icons: CC BY 4.0, Fonts: SIL OFL 1.1, Code: MIT License)

Contact


Tel: 01473 808499

Email: info@suffolkwillservices.co.uk




Monday to Thursday: 9am - 5pm
Friday: 9am – 2pm
Early evening and weekend appointments available by prior arrangement

© Copyright 2023 – All Rights Reserved | Registered in England and Wales No 11969913 | Privacy Policy | Cookie Policy


Suffolk Will Services Ltd


3b Lower Farm Park

Norwich Road

Barham

Ipswich

IP6 0NU

WILLS | LASTING POWER OF ATTORNEYS | PROBATE ADVICE

See our LPA information video below

Lasting Powers of Attorney explained - an insight into the benefits of putting in place a Lasting Power of Attorney