Trusts and Lifetime Estate Planning

As well as including trusts in Wills, we can also set up lifetime trusts to assist with wider succession planning in relation to your estate.

Reasons for setting trusts include:

• To protect vulnerable beneficiaries, such as loved-ones with learning disabilities, dementia or simply those who are unable to manage money
• Inheritance tax planning
• Succession planning in relation to business assets, often in conjunction with advice from our colleagues in the Corporate department
• Asset protection, for example, against care home fee assessments or to preserve means tested benefits.