Trusts
We are proud to offer clients of the-insurance-surgery.co.uk the legal services of Gorvins Solicitors.
Gorvins has a history going back over 100 years and offer a wide range of services including Will writing, setting up Lasting Power of Attorneys and writing Trusts. They are also able to advise on other aspects of legal work and we recommend you contact them to discuss your requirements.
Trusts are not just for the wealthy. They are not just for tax planning. Trusts can be used for a variety of purposes and can appeal to anyone with assets to protect.
A Family Trust is the name given to a flexible arrangement using Lifetime Trusts to protect your assets.
A Family Trust might be established at a time when a family member is going through a divorce. For example, a parent who wants to give assets to their children does not want the outgoing wife to benefit from that gift. Equally, this could be used if it looks likely that a child runs the risk of being made bankrupt.
More recently, Family Trusts are becoming popular of a way of protecting the family home in the event that Residential Care is needed in the future. Properly established, a Family Trust can give protection for the family home.
These flexible arrangements leave you in control. They also allow you to "unwind" the arrangement if you decide that it is no longer appropriate.
By setting up a Family Trust you are taking steps to protect your wealth for the next generation, and beyond.





