Best Consumer Protection Solicitors in Doncaster

A Trust can be set up through your Will to help protect and control wealth for the benefit of your family/loved ones. Trusts enable people to place assets under the control of others, so that they have full responsibility to manage those assets for the benefit of whomever is chosen, according to a set of instructions. There are many different types of trusts and at Tyto Law we can advise you on the different benefits to assess which is appropriate for your circumstances. The main benefits of arranging a trust are: - To control and protect family assets - To avoid someone inheriting when they are too young - To protect the family home from being sold in order to pay for care home fees - To reduce Inheritance Tax Liability - To arrange a life interest Trusts can be hugely beneficial but they can also be complex to set up. We can advise on the timing, beneficiaries and any tax implication on the duties of a trustee. At Tyto Law we will discuss your current circumstances with you and explain all available options that you have. Please contact us today to see how we can help you.