A trust fund, or deed of trust as it is also known, is a great way to help protect your loved ones and ensure they are provided for in the future.
A trust fund can:
Should you need it, have you thought about how you will pay for residential care home fees? Did you know that the government can use your house to pay for fees? A trust is a great way to protect your home so it cannot be touched and ensure your estate is passed on to your loved ones.
A protected trust can help you to limit inheritance tax costs ensuring that your family receive the full gift you wish to give to them. This is because assets placed in trusts are taken out of your estate and deposited somewhere else. This means that the chosen asset will no longer be in your estate and may not be subject to as much inheritance tax when you die.
See our property trust page, for more information on protected property trusts or get in touch to talk to one of our advisors.
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Legacy 4 Life are Members of
The Society of Will Writers & Estate Planning Practitioners
Legacy 4 Life Ltd
Regional office: c/o J Humphry Associates Ltd, 11a The Green, Stubbington, Fareham, Hampshire, PO14 2JG
Phone number: 0800 043 9611