Sometimes a simple Will won’t give you the outcome you need and a Trust in your will allows
you to be more specific in the way your estate will be distribute
There are events that happen after your death that a simple will cannot protect against such as
the remarriage of widowed spouse, care fees, divorce and debt with the use of a Trust written
into your will you can be safe in the knowledge that your wishes will be unaffected
The two most commons Wills I provide for customers are wills that provide an additional level of
certainty they are:
These are a way of safeguarding inheritance and providing for people who are minors, disabled,
suffer with addiction, have financial difficulties or be vulnerable to abuse.
This type of trust means that the beneficiaries inheritance can be drip fed rather than in a lump
sum which is what a simple Will does
This safeguards any Means Tested benefits and the support that goes with them as
the claimant doesn’t have a large amount of savings in the bank putting them over the
threshold for support
Anyone who suffers with addiction whether that be Drink Drugs Gambling or even a
spending habit still gets the inheritance but in ways that this is a blessing not a curse
If in the awful circumstances that a beneficiary has debts the this isn’t their asset and can’t
be used to settle the debts as this remains a Trust asset
If anyone you want to benefit from your estate is affected by these issues then looking into a
Will with a Discretionary Trust is time well spent