Protecting your home and assets with a Living Trust.

Everyone needs a will, but a will does not protect your assets. One of the most efficient additions to your will is a living trust. A living trust has many benefits and protects your hard-earned legacy. Let’s consider some of the benefits below...

Avoiding probate: By placing assets including your home into a living trust, those assets can pass directly to the beneficiaries named in the trust, bypassing probate.

Care Costs: Placing your main home into a living trust can help ring fence the property from any potential future care costs. Thus, protecting your inheritance.

Control: With a living trust, you can be both a trustee and beneficiary. You can maintain control over your assets even after you pass away. You can specify how and when your assets should be distributed to your beneficiaries.

Protects your bloodline: Your legacy is protected from remarriage and divorce, protecting both your surviving partner and children’s legacy. Asset protection: A living trust can protect your assets from creditors in the case of bankruptcy etc, divorce settlements, and other claims against beneficiaries and yourself.

In these days of uncertainty its best to plan wisely and protecting your legacy for family and loved ones. To discover more about living trusts, contact Oakwood Wills on 07832 331594

Revd Nicholas Papadopulos, Dean of Salisbury said: “For three quarters of a century the NHS has been at the heart of our community, caring for us, saving lives, and preparing us for our dying.

“The cathedral likewise observes key moments in life’s journey – our beginnings, and our most momentous commitments; the cathedral too, seeks to relieve suffering through practical compassion; and as a Christian community we try to prepare for our dying in faith and with hope. God bless the NHS.”