Trusts
Protect the things that matter and make better provisions for the people who rely on you the most.
Talk to our team today to learn more about how trusts can be used to distribute your assets quickly.
How trusts work
When you put your money, your property and your other assets into a trust, you are placing the ownership across to the nominated Trustee. By doing so, these items will technically no longer belong to you, which means they will not be counted as part of your estate when the time comes for HMRC to calculate how much inheritance tax is due on your wealth.
You should consider setting up a trust if:
-
You are married or in a civil partnership
-
You own a property with somebody else, either as a Joint Tenant or a Tenant-in-Common
-
You want to protect as much of your wealth as possible
-
You want to stop your estate’s value from being taken into consideration if your surviving partner needs to pay for residential care later in life
-
You want to make sure everything you own goes to the right people, even if your surviving partner remarries or creates a new Will
There are a few different types of trusts available, including basic trusts, interest in possession trusts and discretionary trusts. All of them have different functions and are designed to cater for different circumstances. Our team can talk you through your options, explain the benefits of each setup, and help you settle on a trust plan that’s going to work for you and your family in the longer term.
Why choose Will's & Co?
We have 30 years’ experience in our field
We’ve helped thousands of happy customers restructure their assets.
We always have your best interest in mind
You can always count on our team to deliver honest, straightforward trust planning advice.
We offer flexible packages
You only need to pay for what you need – nothing more, nothing less!
We charge affordable fees
Our rates are some of the most competitive in the UK.
We're easy to work with
Our friendly staff are available to chat in person, online or over the phone.