Trusts

Trusts created from as little as £300 + vat

As well as trusts set up in your will, a trust can be set up in your lifetime by a legal document that allows people (trustees) to look after the whole or part of your estate for the benefit of yourself and/or other beneficiaries selected by you.

What are the benefits of a trust?

Trusts can:

• assist in succession planning by insuring that assets pass from one generation to the next in accordance with the wishes of the previous generations without the fear that one individual will lose or waste assets left to them
• limit exposure to inheritance tax and capital gains tax
• be used to make provisions for others privately and to hold property for those who cannot hold it themselves, such as children.

 

Personal injury and disabled trusts

The department also creates personal injury and disabled trusts for clients which, if done correctly, can mean the beneficiary of the trust can still receive benefits which are means tested.

For further advice about trusts or to instruct us please contact Robert, Jane, Glenn, Amy or Katie on 01752 668246 or send an email by clicking here.

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Home Visit Service

We understand it is not always easy to come to us. That is why our lawyers offer the Home Visit Service to clients who would like to discuss issues such as making a Will, creating Trusts, Lasting Powers of Attorney or, discussing the administration of a deceased person’s estate (Probate).

We can visit clients in a hospital, hospice, care home or nursing home to help sort out their affairs and can make out of hours appointments by arrangement.

If you would prefer to deal with your legal affairs at home or otherwise out of the office please contact us on 01752 668246 to arrange a visit.

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If you are looking for a trusts solicitor in Plymouth, Plympton, Plymstock and the surrounding area, choose the Plymouth trusts solicitors, Gard & Co. Solicitors.