Whilst you do not need a solicitor to prepare a Declaration of Trust, it is always advisable to seek professional advice.
For many people, your home is your biggest asset and having a Declaration of Trust in place is the best way to protect your investment.
There can also be other factors to be considered when putting a Declaration of Trust in place. For example, looking at whether there would be any unintended tax consequences or other possible risks involved.
A solicitor will be able to advise you as to your position, the best way to draft the Declaration of Trust and ensure that it has been validly completed.