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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
21st June. Later in the year, the branch is also holding a Golf Day at High Post Golf Club on Monday, 9th October.
Last year was a period of recovery after the branch’s activities were curtailed during Covid. However, the chairman was pleased with the fundraising efforts that took place. He said: “The Branch raised over £11,500, a 20% increase over 2021. The box collections in pubs and stores and the Golf Day were particularly successful.
“We also received a similar amount from In Memoriam donations.
“We hope we will raise even more in 2023 and look forward to the 200th birthday events.”
The branch is always looking for new members and fresh ideas for fundraising activities.
To find out more or to receive the regular branch newsletter, contact Ray via rnliwilton@ gmail.com or 07900 493215.
To find out more about the RNLI and its plans, and how you can help to support it, visit: www. rnli.org.