"I've heard about trusts but not sure that I need to set one up," is something we hear regularly, but in our experience Trusts are a very tax efficient vehicle for protecting your assets and ensuring there's a legacy after your death.
A Family Trust can hold your property and savings when you pass away ensuring that these go directly to the people that you wanted to receive them.
You can also have a trust to receive any life insurances, pensions or death in service benefits.
A Trust can stipulate that assets are held for specific beneficiaries (such as
grandchildren), and can offer financial protection for future generations.
Trusts can be a complex area, and each individual will have unique circumstances.
We're happy to have a conversation with you to see if Trusts are an appropriate option for you and your family.
