Home PageLast Will & TestamentsLetters of WishesLasting Powers of AttorneyWill TrustsWealth Preservation Family TrustsProtective Property TrustsSeverance of TenancySupervised Attestation MeetingsLand Registry & HMRC RegistrationsInheritance Tax HelpSecure Document Storage

Will Trusts

Will Trusts are designed to protect your assets during your lifetime. They give you the peace of mind that your estate can be passed on securely and intact to your beneficiaries, after your death. Don't risk your home or wealth any longer, put them into a Trust today.

What is a Will Trust?

Will Trusts are relatively similar to conventional Last Will & Testaments. However, they are slightly more sophisticated providing additional practical and financial benefits. For example, unlike a Last Will and Testament, a Will Trust offers protection from ex partners and children from previous relationships of the deceased, seeking to mount a legal challenge to the right of the surviving partner to remain living in the family home. Unlike a Last Will & Testament, a Will Trust can legally reduce your liability to pay Local Authority Care Home fees by up to 50% and legally reduce your loved ones' inheritance tax bill by up to 100%.

Who can benefit from a Will Trust?

Will Trusts are recommended instead of Last Will & Testaments for anybody who owns their own home or has savings of more than £13,250. A Will Trust is extremely important if you wish to put into place a Severance of Joint Tenancy arrangement to reduce your liability to pay Care Home Fees to the Local Authority. If you or your partner is forced to go into a Care Home, your Local Authority can charge the cost of staying in a Care Home (up to £1,500 a week) to your estate. If you do not have sufficient savings, a debt repayable to the Local Authority is created which must be paid when your home is sold. Therefore, the amount of money your children inherit can be reduced dramatically. A Will Trust is a completely legal way of reducing your liability to pay Local Authority Care Home fees by up to 50%. A Will Trust is also extremely important if you wish to put into place a Severance of Joint Tenancy arrangement to reduce your liability to pay Inheritance Tax to the Government. If the value of your estate is sufficient, the Government can charge your loved ones Inheritance Tax when they inherit your estate - this can reduce the amount of money your children inherit dramatically. A Will Trust can legally reduce your loved ones' Inheritance Tax bill by up to 100%.

Arrange a Quotation

Our clients have the flexibility of dealing with our Company by talking to us at our offices,
by telephone, post or in your home. Our contact details can be found below.
Westminster Trust
34 Clarence Street
Southend on Sea
Essex
SS1 1BD

Email:
Telephone: 01702 414 100
Facsimile: 01702 667 771
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.