A discretionary Will trust is like a gift box for your assets. With this legal trust arrangement, your trustees (people you choose because you trust them) have the legal power to decide how your assets are distributed among your beneficiaries. Your words, either verbally or in writing, guide their actions.

Let’s look at some of the situations where a discretionary Will trust could be advantageous.

A joint tenancy creates rights of survivorship. When one owner dies, the remaining owners automatically own the whole property. This means a joint tenant cannot gift their interest in the property to anyone by their Will.

Find out more in this easy to understand blog.

Many of us face difficult and complex decisions when it comes to caring for our ageing parents.

Labout has scrapped the care cap of £86,000 but has not introduced any alternative arrangements. You may wonder what this means for your family.

Estate planning can help protect your wealth for the next generation. Trusts are not only for the super-wealthy.

Standard mirror Wills do not include asset protection trusts. If safeguarding your wealth is important to you, read on, and to learn how a simple Will trust can benefit your family.