What is a trust?

A trust is where one or more people (there is a minimum of two people if the trust contains property) known as trustees legally own an asset (which can be money or property etc.) for the benefit of someone else (the beneficiary). The trustees can only use the assets contained in the trust for the benefit of the beneficiary.

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Davies is the trading name of Davies Solicitors Limited (registration number 5699025). The registered office address is 30 Woollards Lane, Great Shelford, Cambridge CB22 5LZ,
and Richard Davies is the Director. We are regulated by the Solicitors Regulations Authority (reference number 439685).
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