Lifetime Trusts

Most of us work very hard over the years to buy our own homes or build up our savings for our retirement and would like to leave a little something for our children and grandchildren

However, a Will can only dispose of the assets that you own at the date of your death.

And if the value of these is eroded during your lifetime, there will be little if anything left for your beneficiaries to inherit.

Lifetime Living Trusts are specifically designed to protect your assets for you during your lifetime

They give you the peace of mind that your estate can be passed on securely and intact to your spouse, your children and their bloodline and have the best protection that is available

The benefits of having a trust are many, and can protect against the reasons that would prevent your family from inheriting

Assets are held in Trust for you during your lifetime so they are protected against future potential creditors leaving an estate intact
Assets in Trust do not pass through Probate, making it quicker easier and cheaper for your chosen beneficiaries
A Trust will protect against sideways disinheritance if the surviving spouse remarries
Trusts protect against claims on your estate from making sure Your wishes are respected
They guard against any lost inheritance to debt or divorce
They protect disabled or vulnerable beneficiaries who an outright inheritance would be of no advantage

Unlike a Will Trust that happens after you are gone, these are set up to provide all this during your lifetime and after you have passed for up to 125 years

PLEASE NOTE:

All our Wills Trusts & LPAs are drafted by qualified SRA & STEP Solicitors so you have the complete peace of mind of knowing you are dealing with something who truly knows what they are doing so that problems do not occur further down the line”

From 1st of September ALL Trust whether a lifetime or a will trust needs to be registered on HMRC Trust Registration Scheme or your Trustees will face financial penalties

As part of all our instructions we will automatically undertake this work on your behalf