For many, a Trust is a cost effective and legal way of protecting assets against the potential expense of care in later life. For example, if you own a property you may be able to afford the cost of private care, should this become a necessity. However, you can structure your affairs to enable you to get the most financial support possible. Trusts can also help to protect assets for children in the event of remarriage following divorce or separation, to avoid the potential of ‘sideways disinheritance’.
It needn’t be complicated or costly to arrange a Trust to protect your assets, and our trusted business partners are here to advise an appropriate course of action for your specific circumstances. To find out more, why not contact us for an initial informal discussion.