How To Protect Family Assets | Trusts Explained UK
Channel: Financial Madness
Date: 2022-06-12

How To Protect Family Assets | Trusts Explained UK
Trusts can be a powerful tool in organizing a person's assets to ensure they are passed onto the correct people and potentially reduce the exposure to Inheritance Tax. Inheritance Tax is quite a nasty bill of 40%. So let's understand what A Trust is? The different types of Trusts and reasons why you might get a Trust.

Chapter Information (How To Protect Family Assets | Trusts Explained UK):
0:00 Introduction
0:30 What is a Trust?
1:41 Why get a Trust?
3:06 Types of Trusts
6:32 How to get a Trust & How much does a Trust cost?


🔹 NetLawman: https://www.netlawman.co.uk/ia/guide-to-trusts

🔹 The Law Society
England and Wales: https://solicitors.lawsociety.org.uk/
Scotland: https://www.lawscot.org.uk/
Northern Ireland: https://www.lawsoc-ni.org/information-for-banks-lenders

DISCLAIMER - Any advice or (statements perceived to be advice) given in this video and any other videos on my channel are for information purposes only, and do not act as financial advice.  You are fully responsible for your financial decisions. If you are in need of Financial Advice, please seek out a professional advisor. If you are unsure of how to do this, feel free to reach out to me and I am more than happy to guide you.

#trusts #inheritance #financialplanning