Your assets are at risk from a range of potential problems, including: sideways disinheritance, assessing care home costs, divorce of beneficiaries, probate costs & generational inheritance tax.
The solution? Place your property into a Trust. A Trust moves your main asset out of your ‘distributable estate’. This means that your assets – and your wishes for those assets – are fully protected.
In summary a Legacy Family Asset Protection Trust:
- Prevents anyone benefiting, other than those you intended from your assets when you are no longer here
- Prevents anyone benefiting other than you and those you intended whilst you are still alive
- Prevents your beneficiaries from losing some/all of their inheritance as a result of circumstances out of their control
- Prevents inheritance tax being paid by future generations and avoids the complications, delays and costs of probate
Legacy Family Asset Protection Trust FAQs:
Q: Can I still sell my property and/or move home?
A: Of course you can. The movement of assets in and out of the Trust are your choice
Q: Who can access the Trust?
A: You, whilst you are alive. Should you die, the only person(s) that can access the Trust are your beneficiaries