Discretionary Trusts

Description

Having a Discretionary Trust in your Will means assets can be directed into it on your death for the potential benefit of any number of beneficiaries you choose.

Your estate can be paid in any amounts to any of the potential beneficiaries at the trustees’ discretion. This means that nobody has an absolute right to benefit from the trust, so this can be useful for example, where a beneficiary has an impending divorce the trust may protect their inheritance from being part of a divorce settlement or bankruptcy (the trust may protect their inheritance until such time as the bankrupt person has been discharged).

There are various types of trust we can set up, depending on the circumstances:

  • Standard Discretionary Trusts
  • Disabled Persons Discretionary Trust
  • Property Protection Trusts
  • The Right of Residence Trust
  • Flexible Life Interest Trusts
  • Business Property Trusts

To find our more about our trusts, please visit our website.

Service Details

Locations:
Organisation:
APS Legal & Associates
Service Type:
Advice and Information
Website:

This page was last updated on 09 May 2019

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This page was last updated on 09 May 2019

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Contact Details

Contact Name:
Nicolae Trofin
Address:
Flat 1, 66A Devonshire Road, Bexhill-on-Sea, TN40 1AX
Mobile:
0777 444 2318
Telephone:
01424 217871
Email:
nicolae.trofin@aps-legal.co.uk