Protecting Vulnerable Beneficiaries
Should you wish to leave your assets to an individual who is disabled, in receipt of means-tested benefits or vulnerable in some way, it may be advisable to leave their inheritance into a trust rather than outright. You can appoint 'trustees' to be in charge of the money, and they can use it for the individual's benefit. Such a trust can also be useful if you are planning to leave money to someone who you think may become bankrupt or go through a divorce.
Ask us for more information to see if this type of will is suitable for your circumstances.