Call: 07595 536415

Trusts

bigstock_Financial_Planner_3175123.jpgThere are various definitions as to what a trust is but in simple terms a trust is a means of arranging property for the benefit of an individual whilst placing control of it with another party (known as the trustee).

A Trust can help protect the children from ‘sideways disinheritance’. It can also offer some protection from the community care liability whereby properties are sold to pay for care costs.

Trusts can be used to reduce inheritance tax (IHT) Contact us to discuss how a trust may help you overcome some of these issues.