Trusts

The idea of a trust is nothing new, in fact they have been around since Medieval times, when Knights went off to war, and returned making sure their lands & wealth were still in tack. And not paying the Kings Taxes.

It is always a good idea when making a Will to think about a trust. Also a trust can prevent your family having to deal with most of Probate. It is also possible to help the property from being used to help funds for bankruptcy or divorce, plus any future care you may need should you fall ill.

However, there is nothing particularly mysterious or overly difficult to understand about a trust or a trust fund, nor do you have to be a member of the Rockefeller clan or the Gates family, to set up and benefit from a trust.

A trust is a legal vehicle that greatly expands your options when it comes to managing your assets. Whether you’re trying to shield your wealth from taxes or pass it on to your children. “A trust,” according to Fidelity Investments, “is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries.”

And far from being the preserve of the monied elite, trusts are increasingly used by families from a range of economic backgrounds, not just the extremely wealthy.

Think about house prices, pension pots, insurance policies, stock shares, etc.

Working with us you can create a trust to minimize taxes, protect assets and spare your children from having to go through the probate court process in order to divide up your assets after you die.

A trust can also be yours and others, enabling you control – not only to whom your assets will be disbursed, but also how the money will be paid out and when. Which is a crucial point if the beneficiary is a child or a family member whose ability to properly handle money is questionable.