A trust can be a useful tool to reduce tax, pass assets through the generations or protect assets where young children or vulnerable adults are involved.
Whether you want to protect assets until a certain age or maintain maximum flexibility we can advise on and draft a trust best suited to your requirements for a fixed price.
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A trust is a legal arrangement where a person or group of people (the trustees) are appointed by someone (the settlor) to look after assets for the benefit of another group of people (the beneficiaries).
It can be a useful tool to:
- Hold assets on behalf of vulnerable beneficiaries to preserve their benefits and protect them from financial abuse
- Hold assets on behalf of minors for their benefit at a later date
- Give assets away and have them removed from your estate for inheritance tax purposes without losing control of the assets
Latest Blog Posts
A Criminal Injuries Compensation Trust is a way of protecting your existing, or future, entitlement to Department for Work and Pensions (DWP) means tested benefits or Local Authority support if you receive...
METRO newspaper: Mum of woman brain damaged by dad not allowed access to £500,000 compensation held in Trust
The mum of a severely-disabled woman has been barred from buying her a home of her own with a £500,000 trust fund – because she would benefit personally. A young woman was awarded compensation...
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