Library · Finance

Set up a trust

A ready-made journey for anyone who wants to set up a trust: 7 steps, about 4.8 hours in all, in an order that works — work steps of 30 minutes or less, with real-world sessions kept whole.

Opens in Nextep with a two-minute first step lit. Free, and no account needed to begin.

When it's useful

When you have decided to set up a trust but the first move is fuzzy. Nextep shows one step at a time, keeps the rest in order, and never calls anything overdue — a day that slips simply becomes today.

The steps

1. 1Write down what the trust is meant to achieve30 min
2. 2Find a specialist and book a first meeting30 min
3. 3Decide trustees and beneficiaries45 min
4. 4Confirm which assets go in45 min
5. 5Have the deed drafted and review it60 min
6. 6Execute it properly30 min
7. 7Transfer the assets in and keep records45 min

Work steps over 30 minutes are split into parts when you start, so they fit somewhere in a day; sessions — a run, an appointment, a call — stay whole.