Setting up Trusts in your Will
When it comes to protecting assets and controlling the distribution of your Estate, Trusts are essential and we provide a variety of different solutions depending upon your objectives.
Despite changes in Taxation policy in October 2007, there are still very valuable reasons for establishing Trusts in your Will.
Furthermore having certain assets ring fenced in a Trust environment can ensure that your children are not disinherited through remarriage after your death, and ensure that they are protected from subsequent divorce settlements too.
Should a surviving partner become infirm and need to go into long term care funds in Trust would not feature in terms of Local Authority means testing.
In terms of saving Inheritance Tax, by putting funds into a Trust on your death you can ensure that your children benefit without running the risk of the fund creating an additional Inheritance Tax burden in the future.
In addition to Will Trusts, we offer a variety of lifetime Trusts such as Discretionary Trusts (Relevant Property Trusts) and Interest in Possession Trusts. We are also able to act as a Professional Trustee so we can administer the schemes that we set up for clients.
We found Jamie to be very friendly and listened to us explaining what we wanted from the new Wills and LPA as it was not straightforward. He conducted his business with efficiency and in a very nice friendly manner and I have no hesitation in recommending him to family and friends.
“After having a new baby Jamie was able to advise the best wills for our family. He was very professional and the wills were prepared quickly and we are really happy with the quality.”
HANNAH & KEVIN KING
“Jamie and the company he serves have been helpful courteous and diligent at all times and has put himself to considerable efforts on our behalf. We would not hesitate to recommend him to future clients for the same services that were executed for us.”
MARIAN AND ALLEN ROWLES
If you would like more info on Will Writing, Trusts, Power of Attorney or Probate to ensure that those you love are provided for in accordance with your wishes then please get in touch using our contact details below.
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