Using Trusts to Protect Loved Ones

Trusts can protect your money for the right people, at the right time. You can either place

money or property in trust during your lifetime, as part of your estate and tax planning, or

set up a trust in your Will.

Questions to think about:

• Who will benefit from the trust?

• Who will manage it (trustees)?

• Can the funds be used for anything or only specific purposes?

• How long should it last?

• Should the beneficiary receive everything at a certain age?

Trusts are useful for:

• Vulnerable or young beneficiaries

• Protecting assets from care fees

• Preventing quick spending of inheritance, for example by young offspring or

  grandchildren.

  
  

Your Wills Team can help you design the right trust for your needs.

Contact Us info@yourlegalteam.org.uk