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Will writing
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Trusts
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Probate
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Lasting power of attorney
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Inheritance tax
Lifetime Trust
Advantages of a lifetime trust include:
Assets are protected against third party claims, divorce, and bankruptcy
Trustees can monitor your trust if you become unable to do so, for example if you become disabled or lack the mental capacity
Assets can still be protected after your death, and kept for your beneficiaries.
Why is legal assistance recommended?
A solicitor can help you with:
Working out which trust is best
Deciding what conditions to include
Determining whether you can save on taxes
Ensuring your trust doesn’t conflict with your will
Advising what to consider when it comes to appointing trustees.