Trust: Firm Belief in The Reliability, Truth or Ability of Someone or Something
Are Trusts Complicated or Even Necessary?
Trusts don’t need to be complicated.
They provide extended control over your assets following your death, allowing you to set conditions for a beneficiary’s entitlement.
Such as…
- The age of attainment at which your chosen beneficiaries may benefit.
- To enable you to provide for a second line of beneficiaries i.e. your grandchildren.
- To protect your children’s inheritance from being lost in future divorce settlements.
- Protecting from creditors/bankruptcy.
- Will not affect means-tested benefits for vulnerable beneficiaries.
Don’t let your death stop you from protecting your loved ones. A trust enables you to keep your arms around your loved ones in death as you have always in life.
Trusts will protect your assets from:
- Divorce settlements
- Creditors & Bankruptcy
- Marriage after death
- Generational inheritance tax
- And ensure business succession
The strategic use of trusts ensures your children and grandchildren (blood line planning) can benefit completely from their inheritance and at the same time, protect the family home and assets from being lost to long-term care costs.
Family Gift Trust
Want to help your children get on the property ladder?
Simply gifting money to a child risks at least half of it being lost to a future divorce/separation/creditors/bankruptcy. It also means you have no control over the gift once it has been made.
