Family Protection Trust – Winn Solicitors can Help

When considering the future, financial stability for your loved ones and being able to provide for them will be high up on your list of priorities. Have you considered a Family Protection Trust?

There is no doubt that those with assets and wealth that can be passed on will want to maximise the value of those for loved ones. Don’t leave that to chance; utilise the skills and experience of a Family Protection Trust specialist like Winns.

What makes Winns different from its competitors?

The team at Winns has decades of experience in the sector, delivering upon the wishes of clients successfully and consistently.

With a vast knowledge base on all matters associated with a Family Protection Trust, the team will work diligently, methodically, and efficiently to ensure the best possible service for each client, regardless of the unique circumstances we know come with each individual case.

Available via phone, email, video call, and in-person, we have nationwide coverage and can help you wherever you are in England or Wales.

 

I was very happy with the service offered by Winn Solicitors in the handling of the Probate process for my mum’s estate. Rebecca and Josef were prompt, friendly and efficient in their communication and the handling of the process. I would highly recommend their services.

Claire

                      

Meet our team

Working under the guidance of department head Rebecca Harbron Gray, the team work on a variety of matters surrounding Wills, Probate and Trusts.

Rebecca has been in this sector for over 15 years, amassing a wealth of knowledge and skills that ensure her team are at the forefront of developments in a legal and industry sense. She has qualifications from Solicitors for the Elderly, the Society of Trust and Estate Practitioners (STEP) and STEP Cross Border Estates, and a keen desire to merge this knowledge with the latest technological advancements in the sector in an effort to deliver a service that is as accessible and easy to use as possible. 

Having dealt with a range of unique circumstances, the team will support you every step of the way and ensure your wishes are set delivered upon.

 

Rebecca from the Wills and Probate team was fantastic, she explained complicated Power of Attorney information to my mother very sensitively. She made a complicated process very easy for everyone involved. Kind, thoughtful and professional.

Tim

    

What can Winns help with?

The specialist team at Winns can help with a range of matters relating to the creation of Trusts and their implementation and management. These topics include:               

• The protection of assets for the family
• Preventing inheritance from affecting someone’s benefits
• Providing the maximum amount possible for children involved in the process
• Ensuring the greatest degree of efficiency possible in relation to inheritance and any potential inheritance tax bill
• Reducing the effect of a potentially large tax bill on a spouse after your death.

This is not an exhaustive list so, if you’re considering the creation of a Trust, it would be beneficial to discuss your circumstances, your wishes, and potential implications with a legal professional. The team at Winns is ready to help.

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FAQs

How does a Family Protection Trust work?

Also known as an Asset Protection Trust, a Family Protection Trust provides a method of protecting assets from inheritance tax or a range of other lifestyle risks that can crop up in the course of a lifetime; It acts as a way of ring-fencing your assets.

 

I found Rebecca and Georgia to be exceeding helpful, professional and sensitive at such a difficult time. I was made to feel like a valued client and everything I said mattered. All was explained in detail with no 'jargon' and it made a refreshing change to have a regular exchange of communication throughout.

Alison

 

Are Family Protection Trusts legal?

Yes. They are a legal option if you wish to ring-fence some of your assets while you are alive. You have the decision as to who will inherit the assets and you will maintain full access until your death.

Are these Trusts a good idea?

Having a Trust in place can provide reassurance that your wishes are being delivered upon and the assets you’ve worked hard to build up during your lifetime will be handled by Trustees that you have specifically appointed and trust.

If you’re seeking to maximise the value of your estate then a Trust may be a good idea as it, coupled with expert legal advice, can deliver the most efficient way to provide for loved ones in the future by taking inheritance tax and other tax implications into consideration.

The compatibility of a Trust of this nature and your unique circumstances is the main factor to consider in this decision. It is important to discuss the estate in question and what you want to happen with legal professionals, who will be best suited to provide relevant advice.

The team at Winns is on hand to have a no-obligation chat about your scenario.

 

I had an urgent problem. Rebecca Harbron Gray dealt with it within hours, much to my relief. It is so reassuring to know that someone is so willing to help, and so speedily, when requested. Excellent, professional, proactive service; greatly appreciated.

Mike

 

Who can I protect assets for?

One of the more common reasons people create a Trust is to provide for loved ones who aren’t eligible by law to look after the assets themselves. They may be too young to receive the assets, they may be suffering from serious injury, or they could be suffering from an addiction, for example.

Whatever the circumstances, you can leave specific instructions as to how Trustees should react in certain situations, like, for example, if a child turns of legal age to receive the assets having previously been unable to due to legal requirements.

For more information on Trusts, click here to be taken to our dedicated information page. Today is the ideal time to ensure a settled and assured financial future. Make that call to Winns now. 

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