Trusts

Trusts provide additional protection for your assets in an uncertain world. They give extra protection, control and flexibility and are an important estate planning tool.

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Where a Will gives beneficiaries gifts without conditions, a trust includes some control. Assets are held securely and managed by trustees for the benefit of beneficiaries. For example, you can appoint a trusted friend to manage an estate for the benefit of your young children. 

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Trusts can also protect assets from being eroded by bankruptcy, overpaying inheritance tax or from being diverted from those you want to benefit (e.g. "sideways disinheritance").