Trusts

Protecting what you own and making sure your assets end up in the right hands is of great concern to many people.

The greatest concerns seem to be:

• What happens if my children get divorced after they inherit?
• How do I protect a disabled beneficiary?
• Can I control how my money is used, such as paying for tuition fees?
• Will my children use their inheritance wisely?
• What happens if I get remarried?
• Can my children lose their inheritance if they are made bankrupt?
• What happens if my wishes are contested?

Some are tempted to give away assets during their lifetime or transfer the ownership of property into their children's names, but these are not safe or effective ways of ensuring your assets get to the right people.

The truth is, a ‘standard’ Will may not be enough when it comes to protecting your assets. Trusts are a safe and effective way of protecting assets and can be used in a variety of situations.

• Set up during your lifetime, enabling you to keep control of your assets during your lifetime
• Set up from instructions in your Will when you pass away
  

After meeting with you to discuss your personal requirements and concerns, we will be happy to make a personal recommendation in relation to the use of trusts.