Types of Trust: Guide for Families
Trusts offer a way to protect and manage your assets both during your lifetime and after your death. Assets that can be put into trust include money, shares and investments, and property. But with so many different types of trust, how do you know which is best for your needs? What is a trust? Although […]
What are the Different Types of Family Trust?
A family trust is a legal mechanism by which an individual can financially cater for their loved ones, essentially controlling how their family is to inherit their legacy, either during that individual’s own lifetime or upon their death. But what are the different types of family trust? Below we consider family trusts in more detail, […]
Family Trusts Explained
The family trust can be an effective way of making financial provision for your loved ones, both during your lifetime and after you die. This type of trust can be used for all sorts of different reasons, from helping to fund a child’s education to mitigating the cost of care home fees or inheritance tax. […]
Does a Family Trust Protect Assets?
Family trusts are commonly used for a number of reasons, not least to help protect valued assets, such as the family home or hard-earned investments, for both existing and future generations. But does a family trust protect assets effectively? What exactly are the pros and cons of a family trust within the context of asset […]
Family Trust – What is it?
The following guide to family trusts considers what these are, how they work and when you might consider setting one up, not least in the context of financial planning for the future, both during your lifetime and after you die. Family Trust – what is it and why would I need one? A family trust […]
Family Trust Disadvantages
The family trust, when used for the right reasons at the right time, can be an effective way of preserving and protecting personal assets for the benefit of loved ones, both during your lifetime and after you die. That said, as with any type of trust, there can also be a number of drawbacks to […]
Setting up a Family Trust
Setting up a family trust can be an effective way of controlling your personal assets during the course of your own lifetime and upon your death, ensuring that you have a say in exactly who benefits from your hard-earned wealth. It can also be a good way of protecting and preserving that wealth for generations […]
Using Bare Trusts for Grandchildren
Trusts are not simply the preserve of the wealthy, but are also commonly used by families of relatively modest means looking to make provision for their loved ones, either now or in the future. In particular, the trust can be a useful mechanism for a grandparent to invest money on behalf of their grandchildren, typically […]