Trusts

Trusts are an ancient concept, but simply put it is someone looking after property for the benefit of another.

Perhaps you wish to put some money aside for a disabled relative, or someone who is not great with handling large sums of money? This is where a trust can assist in ensuring that the person gets the benefit of a sum of money without the burden of managing it themselves.

Maybe you are in your second marriage, and you want to make sure that your spouse can stay in your home, but ultimately you want it to go to your children or even grandchildren. This is where a trust (a life interest trust) is ideal. This area of law is complex and proper advice is essential.

Please see the attached leaflet which explains how putting a trust in your Will might be the best option for you and your family.