Need to set up a trust?

Trust funds, or deeds of trusts as they also known are a great way to help protect your loved ones, ensuring they can be provided for in the future. Trust funds can protect your assets so they cannot be used to pay for care home fees, they can guarantee an income for your loved ones providing financial stability for their future.

They can also help to avoid inheritance tax, ensuring your money, shares and property are passed on in the most tax efficient way. You may be due to receive a personal injury award and wish to place it into trust to safeguard your state benefits.

Setting up trusts can be a complicated process, but can have great benefits for you and your family.

Have you thought about how you will pay for residential care home fees? Do you know that the government can use your house to pay for fees?