By establishing a Trust in your Will you can not only potentially save a fortune in Tax, you can also protect assets for the future benefit of children or grandchildren. In addition, there are various restrictions that you can put in place to ensure that beneficiaries do not inherit before a certain age or do not waste the funds that you have left them.

When it comes to avoiding paying Inheritance Tax and maximising your Estate for the benefit of your family, Trusts are essential. Just Wills provide the most flexible type of tax-saving product, the IOU Discretionary Will Trust which permits clients to take full advantage of their IHT tax exemptions and reduce the value of their Estate for the benefit of their surviving spouse. The great benefit of the IOU Trust over other versions is the increased flexibility it permits in the types of assets that Trustees can accept into the Trust.

This type of Trust can be hugely beneficial, not only from a tax saving perspective, but when couples are infirm or have no desire to sell the property and relocate. Through our sister company, the Universal Trust Corporation we can act as Trustee for any Trust established.