Marriage, separation, remarriage, the birth of a child, the death of a spouse, all are important reasons to see us to review your will. Your will is your final word. Make sure that it reflects your wishes. Trusts are a very effective method of protecting and enhancing the value of your assets. They provide protection from the provisions of the Matrimonial Property Act 1976 and the proposed defacto property laws.
Trusts have advantages as an investment vehicle and for creditor protection.
They may also have incidental taxation advantages. They often mitigate the full impact of asset tested regimes for the elderly. A recent development useful for business purposes is Trading Trusts and again we can advise if this structure is suitable for you. As everyone's personal circumstances will differ, it is very important that you receive professional advice which takes your own personal circumstances into account. A brief appraisal of your position will enable us to assess whether you can benefit from the formation of a family trust.