Will Trusts
Take Action Now to Ensure Your Loved Ones Receive the Security and Peace of Mind they Deserve.
Our Will Trust Service
At Harratts Legal Services, we recognise the significance of planning ahead to ensure your loved ones are cared for when you’re no longer here. Specialising in comprehensive Will trust services, we go beyond just the legal aspects, offering a compassionate and personalised approach that prioritises your peace of mind and the well-being of your family.
We understand that estate planning can be both complex and emotional, and we are here to guide you through the process, making it as smooth and stress-free as possible.
What is a Will Trust?
A Will trust is a legal arrangement that allows you to retain control over your estate, ensuring your assets are protected and your loved ones are provided for after your passing.
Rather than distributing your assets directly to beneficiaries, a trust is established to hold and manage those assets on their behalf. This gives you the flexibility to dictate how your assets should be managed and distributed.
By doing so, you can safeguard your estate, ensure your family benefits as you wish, and enjoy advantages such as minimising taxes and providing additional protection.
The Benefits of a Will Trust
Asset Protection
A Will trust adds an additional layer of protection to your assets, safeguarding them from potential risks, legal challenges, or mismanagement. This provides you with the peace of mind that your assets will be preserved and distributed in line with your wishes.
Flexibility and Control
Unlike a standard Will, a Will trust gives you more control over how your assets are distributed. You can set specific conditions and terms for how your beneficiaries can access or use the assets, ensuring they are managed responsibly and in line with your values.
Minimise any Tax Liabilities
Through strategic tax planning, we can help reduce the impact of inheritance tax on your estate, ensuring that more of your hard-earned assets go directly to your loved ones.
Protection for Vulnerable Beneficiaries
If your beneficiaries are financially inexperienced, have special needs or disabilities, or face unique circumstances, a Will trust can offer continued management and protection of their inheritance. This ensures their long-term financial stability while safeguarding their best interests.
What Our Will Trust Service Includes
Planning for the future is made simple with our Will trust service. At Harratts Legal Services, we recognise the importance of clarity and ease, offering a straightforward approach that puts you in control. Our goal is to establish a strong framework that aligns with your wishes and ensures your assets are managed precisely as you envision.
We take the time to understand your unique situation. By listening to what matters most to you, we’re able to create tailored solutions that reflect your specific desires.
At Harratts Legal Services, we pride ourselves on being there for our clients, not just during the initial planning phase but throughout the years to come. Life is ever-changing, and we’re here to support you through those transitions. Whether you need ongoing assistance or updates to your Will trust as your circumstances shift, we’re here for you.
Your peace of mind and satisfaction are our highest priorities, and we’re committed to providing the support you need every step of the way.