What is a trust?

A trust is a legal document that protects property or assets ready for those you are leaving them to (your beneficiaries). Trusts usually release funds to your beneficiaries at an agreed milestone age, such as 18 or 21. So you could stipulate that a younger relative receives a certain piece of jewellery or a specified amount of money on their 18th birthday, for example.

How is a trust different?

Trusts can protect your assets from estate taxes and probate. Unlike a will, which requires proof of probate before the assets within it can be released to your executor, trusts can automatically release assets and funds to your beneficiaries at pre-agreed times and dates.

There are different types of trusts to achieve different goals:

Info We can advise you on which type of trust is best for your situation. We can also help to set up and administer your trust, amend the terms of an existing trust and advise you about trustee duties.

I NEED A TRUST

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Solicitors for the Elderly is an independent organisation of legal professionals who specialise in providing legal advice to elderly and vulnerable clients.

The Notaries Society represents the 900 or so Notaries Public currently practising in England and Wales.

STEP is a worldwide professional association that promotes integrity, best practice and training and development amongst its members.