Trust Advice

Wills Probate

There are many different types of Trusts which can be used in many different ways and as such you ought to seek advice from a Trust specialist. 

A Trust is a legal document that sets out the possessions you wish to pass on as a gift in the event of your death, who you wish to benefit from your gift (the ‘Beneficiaries’) and nominated persons (the ‘Trustees’) who will have control (with your guidance) over your possessions until the event of your death, when your wishes will be granted.

A Trust can also be used as an effective tool in reducing your inheritance tax liability.  Another type of Trust is a Discretionary Trust which, given careful, timely planning can help to alleviate concerns for elderly clients and their families with regard to properties being sold and assets realised in order to cover long-term care fees. 

 

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