Kim Hayton, HR Director at FDR Law discusses Life Coaching Q: I took a break over the summer and now realise I want a career change but don’t know how to go about it? A: Many of us use the time we spend on holiday reflecting on our lives and taking...
Trusts are a useful way to maximise your assets and deal with your affairs in the most tax-efficient manner. They are available in a variety of forms and can be created during your lifetime or by your Will.
For example, trusts can be used to safeguard your interests if you’re buying a house with someone, especially if you’re not married. They can also be used to protect your assets from bankruptcy or divorce and, if you have children, ensure their inheritance is protected if your estate passes to your surviving spouse.
If you’re a grandparent, you might use a trust to provide for your grandchildren’s education. Plus, if you’re a business owner, there are additional benefits of using trusts to take advantage of special provisions for business assets.
At FDR Law, our friendly, professional solicitors are experts in trust creation and administration. We can ensure that trust law is applied in the most effective manner for your personal circumstances.
Using our extensive knowledge, we can guide you through the complexities of trust law and, using jargon-free English, ensure you appreciate exactly what your trust arrangements will achieve.
If you’re thinking of setting up a trust, call one of our experienced, local solicitors today on 01925 230000 or view our Client Guide - Trust Administration.