Setting up a Trust

Just-Wills-Cambridge. Making-a-will.What can a Trust do for you and your family?

Setting up a Trust can help you

  • pass on money or property while you are still alive
  • pass on money or assets when you die
  • minimise Inheritance Tax liability in the future
  • help protect your estate in case of excessive care home fees
  • help safeguard family assets from consequences of marriage, divorce and remarriage

For more details on our expertise in Trusts and estate planning or to arrange an appointment call us today: 01223 655646
Or send us an email.

Who should think about setting up a Trust?

  • parents with young or teenage children
  • parents caring for vulnerable adult children
  • grandparents passing on assets to grandchildren
  • a spouse with a partner likely to need long-term care

In addition, a Trust lets you control and protect your savings and property, for example

  • when a child is too young to handle their own affairs
  • when someone is too ill or otherwise unable to handle their affairs

 What is a Trust?

  • a Trust is a legal arrangement where you make people you trust responsible for holding assets you currently own
  • the assets can be land, money, buildings and shares. They can be treasured possessions such as jewellery, art and antiques
  • you can place assets in Trust for the benefit of one or more ‘beneficiaries’. These could be your partner, your children or your grandchildren
  • the right Trust can help keep any tax liability as low as possible
  • Trustees manage the Trust and carry out your wishes, which are detailed in your Will or the Trust deed

Talk to us about  how setting up a  Trust could protect your family, your savings and your property: 01223 655646

Visit our contact page to send us an email.

We cover Cambridge, Ely, Newmarket, St Ives, St Neots, Huntingdon, Chatteris, March, Saffron Walden, Bury St Edmunds, Haverhill, rural Cambridgeshire, CB and nearby postcodes.

Outside of this area? Contact us and we will put you in touch with your local Just Wills & Legal Services consultant

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Got a family? You need a Will!
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