Protecting an inheritance for someone who needs extra support.
A Will trust can provide a framework for looking after money or property intended for a vulnerable or disabled person, while allowing trusted trustees to manage the fund for the beneficiary's needs.
Who might benefit
We provide this planning for a disabled or vulnerable relative or friend who may receive means-tested benefits, social care or housing support, or who may find it difficult to manage money and property.
How a trust can help
Trustees hold the trust property and can use it for the beneficiary in accordance with the trust terms. We can use specialist vulnerable-person trusts to provide flexibility and to plan for changing needs over time.
Tax and benefits
HMRC confirms that qualifying trusts for vulnerable beneficiaries can receive special tax treatment, subject to specific conditions and elections. The rules are detailed, so the exact structure and beneficiary circumstances matter.
Could this be relevant to you?
Every estate is different. HWT can talk through your circumstances and explain the options before you decide what you need.
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