Trusts Articles

We should always consider Pets (the furry, scaly, feathered type). You may be pleased to know you can make provisions for them in your Will. Pets can be included in your will through an animal-purpose trust, which ensures their care and upkeep.

Business property relief can significantly reduce or eliminate inheritance tax on business assets. Many UK businesses could be eligible for up to 100% relief. However, this complex area of estate planning often necessitates additional professional advice.

SHOULD YOU GIVE YOUR HOUSE TO YOUR CHILDREN NOW? USUALLY NO! Of course, it depends on the reasons and individual circumstances. Clients often tell us that either an advert on Facebook, usually with brightly coloured writing, or “Dave” down the pub said it is the best thing to do to avoid “well basically” everything from probate to care fees.

Asset Protection Trusts (APTs) are a valid and effective tool for estate planners when used in the right circumstances. These trusts often come with higher fees, making them an attractive option for some to pursue higher profits without fully appreciating the risks and considerations involved in advising clients. A lack of understanding can lead to FALSE OR MISLEADING CLAIMS.

Explains what a Will Trust is, the types available, and how each protects family, property, and inheritance.