What is a trust?
A trust guarantees that certain family members receive property, land or money when you die. Whatever you set out in the trust is legally protected and passed on to the trustees when they reach a certain age.
The persons named in your trust are known as trustees. It’s their job to manage the trust and carry out your wishes when you die.
At Temperley Taylor, we can provide peace of mind and secure your assets for future generations. To find out more or set up a trust fund call our Middleton office today on 0161 643 2411, or our Heywood office on 01706 623 511. Or, just fill out our online enquiry form and we’ll be in touch.
What are the benefits of setting up a trust?
When you set up a trust fund, your assets are legally protected. This means that they can’t be touched by anyone apart from the trustees. Trusts may also help to avoid or reduce inheritance tax after you die.
Setting up a trust can be complicated but that’s where we come in. Our expert solicitors can help you set up the right trust for your situation. This can help to:
For more information on how Temperley Taylor can help you, contact our Middleton office on 0161 643 2411 or our Heywood office on 01706 623 511.
The beneficiaries are named and the proportions for how much to each one is clearly stated
The beneficiary can use the asset when they are alive but must pass it to another named beneficiary when they die. This type of trust is often used to ensure the spouse of the deceased is provided for, while keeping the estate intact to pass on to the children
The beneficiaries are named but the trustees have the power to decide how much to give to each
Offer special tax exemption for beneficiaries who are disabled
Setting up a trust with Temperley Taylor
To find out more, call our Middleton office on 0161 643 2411, or our Heywood office on 01706 623 511.
We can also provide support for clients in Manchester, Oldham, Rochdale and Bury. Alternatively, send us an online enquiry and we’ll be in touch.