Trust Planning
"Can I Protect My Home and Family by Including a Trust in my Will?"
Yes you can, but you should be aware, there are several types of Trust's used to protect assets such as your home, and others to protect disabled children or vulnerable adults if you pass away and your Spouse or Partner then re-marries.
Before we can advise you on the best Trust to suit your situation we need to gather a full picture of your personal and family situation, but don't worry, everything discussed is completely confidential and all of our appointments are held in the comfort and privacy of your home and are always completely FREE with absolutely no obligation.
If you do decide to proceed with Trust planning we have a fixed price list, and our prices include everything with no "extras", they are also often hundreds of pounds cheaper than Solicitors Fees.
GET IN TOUCHBefore we can advise you on the best Trust to suit your situation we need to gather a full picture of your personal and family situation, but don't worry, everything discussed is completely confidential and all of our appointments are held in the comfort and privacy of your home and are always completely FREE with absolutely no obligation.
If you do decide to proceed with Trust planning we have a fixed price list, and our prices include everything with no "extras", they are also often hundreds of pounds cheaper than Solicitors Fees.
Sideways Disinheritance
This usually arises after one of the child's Parents passes away, but could also arise following a divorce.
If the Parent's had Will's, particularly a very popular type of Will for couples called a Mirror Will, on the death of the first Spouse the jointly held Estate passes automatically to the surviving Spouse with the intention that the children would eventually then inherit everything on the death of the second of their parents.
However, these days life moves on and it is quite usual for a surviving Spouse to find a new partner in time and then possibly re-marry at some point.
If the Parent's had Will's, particularly a very popular type of Will for couples called a Mirror Will, on the death of the first Spouse the jointly held Estate passes automatically to the surviving Spouse with the intention that the children would eventually then inherit everything on the death of the second of their parents.
However, these days life moves on and it is quite usual for a surviving Spouse to find a new partner in time and then possibly re-marry at some point.
As a future marriage would automatically revoke any previous Will, and it is not unusual for a newly married couple to arrange a new Will, which would mean, that if the surviving Spouse from the initial marriage should pass away, the newly arrived Spouse could now legally inherit what was originally the family home and other assets from their spouses first marriage.
Experience has shown that the a Spouse will almost always leave all of their assets - including what was the original family home to his or her own chosen beneficiaries rather than yours! -
Your children could thereby loose their intended inheritance, and quite possibly the family home. - Sadly, this is not ill legal and happens to even the closest families in the UK every day.
f you would like the peace of mind of securing your children's inheritance if your Spouse or Partner remarries following your death or divorce, then you should address it specifically with a Trust in your Will this will completely remove the very real threat of "Sideways Disinheritance".
What if you have children from a previous relationship and now have a new Spouse or Partner?
Would you want to secure your children's inheritance without jeopardising the roof over your Partners head?
If the answer is Yes, then again including a Trust within your Will can address a "difficult situation".
These are just two concerns we can discuss during your FREE home appointment, and in case you are wondering - yes it is fair to secure everyone's position, but it is something which can only be achieved with good advice and a professionally written Will. Luckily, we are the experts in ensuring that both your Will and Trust planning are done correctly - first time!
GET IN TOUCHExperience has shown that the a Spouse will almost always leave all of their assets - including what was the original family home to his or her own chosen beneficiaries rather than yours! -
Your children could thereby loose their intended inheritance, and quite possibly the family home. - Sadly, this is not ill legal and happens to even the closest families in the UK every day.
f you would like the peace of mind of securing your children's inheritance if your Spouse or Partner remarries following your death or divorce, then you should address it specifically with a Trust in your Will this will completely remove the very real threat of "Sideways Disinheritance".
What if you have children from a previous relationship and now have a new Spouse or Partner?
Would you want to secure your children's inheritance without jeopardising the roof over your Partners head?
If the answer is Yes, then again including a Trust within your Will can address a "difficult situation".
These are just two concerns we can discuss during your FREE home appointment, and in case you are wondering - yes it is fair to secure everyone's position, but it is something which can only be achieved with good advice and a professionally written Will. Luckily, we are the experts in ensuring that both your Will and Trust planning are done correctly - first time!
"Can I protect my home by using a Trust within my Will?"
There is more than just one type of Trust available to protect your property and each Trust has it's own advantages and limitations. In order for us to select and then adapt the best Trust to meet your individual requirements it is essential for us to understand your particular circumstances and needs first, so we will consider the following before making a recommendation.
GET IN TOUCH
"Have you or your partner been married before?"
"Do you have any children from a previous relationship?"
"Do you want to protect your children's inheritance if one of you remarries?"
"Do you want to protect your partner from being evicted from your home if you pass away before them?"
"Would you like to safeguard your home if you are required to pay long term care fees?"
"Are there any disabilities in your family?"
"Do you have any children from a previous relationship?"
"Do you want to protect your children's inheritance if one of you remarries?"
"Do you want to protect your partner from being evicted from your home if you pass away before them?"
"Would you like to safeguard your home if you are required to pay long term care fees?"
"Are there any disabilities in your family?"
We understand this might all look a bit complicated, and some people choose to do nothing and place their children's inheritance "at risk" by not discussing Trusts. However, don't worry we are experts and advise clients every day on the best type of Trust to meet their needs.
We would be happy to advise you on the correct Trust for your individual situation, just let us know when you call and we can sort everything out for you, and all at prices your local Solicitor will find hard to match with a service second to none.
GET IN TOUCHWe would be happy to advise you on the correct Trust for your individual situation, just let us know when you call and we can sort everything out for you, and all at prices your local Solicitor will find hard to match with a service second to none.