01253 293 106 info@fyldelaw.co.uk
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Trusts

Family Trusts are legal structures drawn up by lawyers for the purposes of protecting your property (mainly your home) during your lifetime, ensuring that it is passed down to your children and/or grandchildren.

Family Trusts are flexible, which enables trustees* to take account of changes in circumstances. They can help with matters such as going into a Care Home for example. Fylde Law can discuss with you the likely effect on your finances of your families change in circumstance, which may involve looking at the following areas:

  • Your capital, including the value of your home
  • Your present and anticipated future income
  • The Inheritance Tax (IHT) and Capital Gains Tax (CGT) implications
  • The effect of a Family Trust on any existing or proposed Will
  • Your needs and expectations of your family
  • The regulations regarding Care Home fees. 

 For more information please call us on 01253 293 106 to arrange an appointment or alternatively email us via the 'quick enquiry' form and we will call you back at a time to suit you.

*Trustees are normally members of your family, but you yourself could also be one of the trustees if you prefer.

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