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Setting up a Trust

Setting up a Trust

Trusts are an excellent way of protecting assets for beneficiaries, including family members.

There are many different types of Trusts for people with different needs; Trusts can be set up immediately or by Will. You can utilise a Trust to protect your property from potential long term care fees, to protect the family bloodline, and to help with Inheritance tax issues.

You can also use a Trust for a disabled person to help protect their ongoing benefits and their capital, or for a vulnerable person or someone who has an addiction.

If you run a business a Trust can be the ideal solution to protect it from both inheritance tax issues and to secure your families future wealth.

We can set up a Trust for clients across Nottingham, Derby, Sheffield, the Midlands, the South and beyond – get in touch today for advice.

To learn more about Trusts, see our services below or see our What is a Trust? post.

Call us on 0800 689 0923
info@njlegalservices.co.uk

We offer a free, no obligation home visit at a time to suit you, to discuss your needs. Contact us today.

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A Trust is a way of managing assets (money, investments, land or buildings) for people. There are different types of Trusts and they are taxed differently.

We can advise and recommend the best solution for you, taking into account every aspect of your family structure.

Property Protection Trusts

This is a very important area to consider when deciding on making your Will. This type of Trust can only be created when both partners are both still alive.

We can help you protect your property and ensure money from the sale of your home goes to your children.

Learn more about setting up a Property Protection Trust.

Discretionary Trusts

A Discretionary Trust is an ideal way to protect Assets for the future. By ring fencing investments, property, business assets and other valuable items, you can provide benefits for loved ones and future generations.

We can guide you through what assets you want to protect, and set up a Trust to suit everyone’s needs.

Learn more about setting up a Discretionary Trust.

Disabled Trusts

A Disabled Trust offers a solution to meet the needs of someone who is the beneficiary of funds, but also enjoys a regular state benefit for the disability that he or she may have.

Learn more about setting up a Disabled Trust.

Give us a call to discuss setting up a Trust on 0800 689 0923, or visit our contact page for more details.

Client reviews

5.0 rating

Graeme Tanner – Excellent service, friendly, professional and prompt, don’t hesitate to use nigel and his team.

5.0 rating

Iris Wheeldon – Nigel visited us at home to arrange a number of matters, more so our Powers of Attorney. Nigel explained everything in a really clear manner and checked our understanding throughout the meeting. When Nigel had left I felt like a weight had lifted! I can’t thank him enough. A lovely gentleman offering a very important service. I would strongly recommend Nigel to anyone needing help in planning their estate.

5.0 rating

Joanne Lamb – The will service was personal, professional, prompt and of excellent quality. I feel I have successfully secured my wishes and protected those dearest to me in the event of my passing. Absolutely worth the investment. Thank you Nigel.

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