
Services
Trusts
Simply put - a trust will gives you more control over what happens to your home, money and possessions after you die.
With a standard will, you name people who will inherit from you. These people are called beneficiaries, and they receive their inheritance directly after you die.
With a trust will, you appoint people you trust (called trustees) to manage some or all of your money or property for your beneficiaries. Trustees are often family members and can also be your beneficiaries.
Trustees must follow the instructions you set out in your will. This gives you control over how and when your beneficiaries receive their inheritance and can help protect your estat
Trusts are useful for:
- blended families or second marriages;
- Protecting children if both parents were to die at the same time, such as in a car
accident, you can decide who looks after them and who would look after their money. - Vulnerable beneficiaries – Protection of beneficiaries who have disabilities, health
conditions or difficulty managing finances. - Care Fee Protection – Protection if either of you need residential care in the future.
- Controlling the timing of when money is left to beneficiaries but not all at once, for
example, a gift to grandchildren of £10k at age 25 and the rest at age 30.
Pricing
Trust pricing starts from £450, ranging up to £900 depending on complexity.