Ensure your lifetime of hard work benefits your loved ones.
Family Protection Trust
What is a Family Protection Trust?
A family protection trust is an affordable way to help ensure your loved ones inherit your share of your assets, unlike the Property Protection Trusts other assets can be covered and the full of your property can be protected.
Why do a Family Protection Trust?
It is a legal way to make certain the wishes written into your Will are carried out.
It provides protection of your assets and safeguards your family’s inheritance.
You place your assets in the Trust, which you control as a Trustee.
No confirmation or probate costs for assets in the Trust
You can continue to use assets within the Trust, i.e. move home, make investments etc.
How does it work?
A Family Protection Trust is a lifetime discretionary Trust that allows you to leave your family most of their inheritance in a Trust, ensuring it goes to them and not to someone else or another institution.
The Trust acts like a safety deposit box, where you can put your house and other financial assets. Setup whilst your alive it will protect those assets from future threats and when you die the trust is then transferred to your chosen beneficiaries.
The trust is created in your name and you own the trust. The assets are still yours, unlike transferring to relatives, you remain in control. You are the owner of the Trust and you are also a trustee and beneficiary of your own Trust.
The Trust can do everything you can as an individual. You can still sell, move and invest. You remain in control of your assets.
Why a Family Protection Trust from McAllisters?
Free consultation in your own home.
Professional advice from a qualified professional (IPSW registered).
Clear transparent and honest guidance.
Our partner solicitor will organise the property paperwork.
Insured. We carry £2 Million of insurance.
14 Day cooling off period.
Chartered Trading Standards Institute
This firm complies with the ISPW code of practice.
