Secure your legacy and protect what matters most with a UK Trust. Setting up a Trust offers unparalleled peace of mind, ensuring your assets are managed and distributed according to your wishes while providing potential tax efficiencies and safeguarding your family from financial uncertainties. Whether planning for future generations, supporting loved ones, or shielding wealth from unforeseen circumstances, a Trust empowers you to take control of your financial future with confidence and clarity.

LETS HAVE A MORE DETAILED LOOK AT TRUSTS: –

Key Benefits of Trusts

1. Asset Protection

• Trusts can protect assets from:
  • Creditors
  • Care home fee assessments
  • Divorce settlements (for beneficiaries)
• Especially useful if you want to ring-fence your estate for specific people (e.g. children, grandchildren).

2. Control Over Inheritance

• You set rules about who receives what, when, and how.
• Ideal for:
  • Protecting young or vulnerable beneficiaries
  • Preventing “blow-it” spending
  • Phased inheritance (e.g. at 25, 30, 35)

3. Avoiding Probate Delays

• Assets in a trust don’t need to go through probate, which can:
  • Speed up access to funds
  • Reduce legal costs and delays
• Particularly useful for business or rental income continuity.

4. Protecting Against Remarriage or Sideways Inheritance

• Trusts can prevent your share of the family home going to a new spouse of your partner if you die first.
• Ensures your children still inherit, even if your partner remarries or has other children.

5. Planning for Mental Incapacity

• If you become incapacitated, assets held in trust can still be:
  • Managed by your appointed trustees
  • Used to support your care or your family
• No need for Court of Protection approval.

6. Protecting the Family Home

• A Property Protection Trust can:
  • Let your partner live in the home for life
  • Ring-fence your share for your children after your partner dies
  • Help mitigate care home fee assessments

7. Potential Tax Benefits

• Certain trusts (e.g. Discretionary Trusts, Gift Trusts) can:
  • Help reduce inheritance tax (IHT)
  • Use Nil Rate Bands or 7-year gifting rules
• Trusts can also help avoid multiple IHT charges on the same assets.

8. Support for Vulnerable or Disabled Beneficiaries

• A Disabled Person’s Trust or Discretionary Trust allows:
  • Tailored financial support
  • Without affecting means-tested benefits
  • With trusted people managing funds on their behalf

Common Trust Types