Trusts have been a useful planning tool for many years. They can frequently offer tax advantages but more often than not the practical means of getting around family concerns.
When they are executed by will, they can be used to ensure that beneficiaries do not receive large sums at a time when there are good reasons for withholding them.
They can be used to give security to someone during their lifetime whilst providing for other beneficiaries after that persons death.
Advising clients nationwide and beyond on their wealth and asset managements, our team of experienced solicitors can explain the variety of trusts and their benefits to ensure you make the most of the options available to you.