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Estate Planning

Trusts

Trusts provide a powerful way to protect your assets, reduce Inheritance Tax, and ensure your wealth is managed according to your wishes.

What Is a Trust?

A Trust is a legal arrangement where assets are held by trustees on behalf of beneficiaries. Trusts are one of the most effective tools in estate planning — they can protect your family home from care fees, reduce Inheritance Tax, provide for vulnerable family members, and ensure your wealth passes to the right people at the right time. At Barrett-Smith & Doulton, we make trusts straightforward and accessible. We explain how different types of trust work, recommend the right structure for your circumstances, and draft the trust deed to ensure it achieves exactly what you need.

Types of Trust We Provide

Property Protection Trust

Safeguards your share of a jointly-owned property from care fees, ensuring your children ultimately inherit.

Life Interest Trust

Gives your spouse or partner the right to live in the property for their lifetime, with the asset passing to your chosen beneficiaries afterwards.

Discretionary Trust

Provides maximum flexibility, allowing trustees to decide how and when to distribute assets to beneficiaries based on their needs.

Disabled Person's Trust

Provides for a vulnerable or disabled family member without affecting their entitlement to means-tested benefits.

Why You Need a Trust

  • Protect your family home from being used to pay care home fees
  • Ensure your children or grandchildren inherit — even if your spouse remarries
  • Provide for a vulnerable or disabled family member without affecting their benefits
  • Reduce or eliminate Inheritance Tax on your estate
  • Control when and how beneficiaries receive their inheritance
  • Protect assets from divorce, bankruptcy, or poor financial decisions by beneficiaries

What's Included

  • A detailed consultation to understand your assets, family situation, and goals
  • Expert advice on the most suitable type of trust for your needs
  • Professional drafting of the trust deed
  • Guidance on appointing trustees and their responsibilities
  • Explanation of tax implications and reporting requirements
  • Integration with your Will and wider estate plan

Transparent Pricing

Property Protection Trust from £399 | Discretionary Trusts from £499 | Full estate planning packages available

No hidden fees. All prices include a free initial consultation.

Frequently Asked Questions

The most common trusts we set up include Property Protection Trusts (to safeguard your home), Life Interest Trusts (giving someone the right to live in a property), Discretionary Trusts (flexible trusts for managing inheritance), and Disabled Person's Trusts. We will recommend the right type based on your circumstances.
A Property Protection Trust can protect your share of a jointly-owned property from being used to pay care fees, provided it is set up correctly and at the right time. This is one of the most common reasons people set up trusts. We can explain exactly how this works during your consultation.
Trustees are the people responsible for managing the trust. They should be people you trust to act in the best interests of your beneficiaries. Common choices include family members, trusted friends, or professional trustees. We help you choose the right people and explain their responsibilities.
Absolutely not. Trusts are relevant for anyone who owns property or has assets they want to protect. Even a modest family home can benefit from trust protection. Trusts are about control and protection, not just tax planning.

Ready to Protect Your Assets?

Book your free, no-obligation consultation today. We will explain how a Trust can safeguard your home and provide for your family.