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Lifetime Trusts

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We are here to help. Get in touch to learn more about our services.

Unit 7, Olympic Park, Olympic Way, Warrington, Cheshire, WA2 0YL

Monday – Friday: 09:00 – 17:00
Saturday – Sunday: Closed

Landline: 01925 859 623

Email: info@talkingwills.co.uk

OUR SERVICES

What are Living Trusts?

Trusts are designed to protect property after death, to protect money for a minor (under 18’s), to make provision for disabled beneficiaries and children from pervious relationships.

At Talking Wills we offer four types of Lifetime Trusts:

The Trusts have their own unique features and benefits, meaning there is a suitable Trust for your unique needs.

Talking Wills’ compassionate and experienced team is here to answer your questions and guide you through the Living Trust creation process. We’ll work closely with you to understand your unique situation and goals, and recommend the best trust option for you.

Property Trusts

Property Trusts are designed to ensure half your home follows your bloodline. It also gives the surviving spouse the right to live in the property, normally for life and also ensures that your chosen beneficiaries will inherit your share of the property.

Discretionary Trusts

Discretionary Trusts can be written in to Wills to ensure incapacitated or disabled beneficiaries, (who are unable to manage their own affairs) have their inheritance managed on their behalf. They can also be used if a particular beneficiary is deemed irresponsible or wayward and who may squander their inheritance, if given to them at the wrong time.

Family Asset Protection Trusts

Family Asset Protection Trusts are designed so that you can place your home and/or other assets in a Trust whilst you are still alive, retaining full control over the property and assets placed in the Trust, while continuing to benefit from them at the same time.

Common Intention Trusts

The perfect Trust structure when you have a second property for your children, backdating the Trust to the date you bought the property.

How Can Talking Wills Help?

Contact Us

We understand that estate planning can be a sensitive topic. At Talking Wills & Trusts, we’re here to listen with empathy and guide you through the process with care and expertise.

FAQS

Frequently Asked Questions

Are Living Trusts right for everyone?

Living Trusts aren’t a one-size-fits-all solution. While they offer many benefits, they might not be necessary for everyone. Talking Wills’ compassionate advisors can help you understand if a Living Trust aligns with your specific goals and estate size.

What can't I put in a Living Trust?

Certain assets, like retirement accounts or jointly owned property with rights of survivorship, typically can’t be directly placed in a Living Trust. Talking Wills can guide you through the process of titling these assets appropriately to work with your Trust.

Can I change my Living Trust after it's created?

Absolutely! Living Trusts are flexible and can be modified as your life circumstances or wishes change. Talking Wills can help you review and update your Trust to ensure it remains effective.

Isn't a will enough?

While wills are important, they go through probate, which can be time-consuming and public. Living Trusts can avoid probate for assets held within the trust, offering a smoother and more private inheritance process.