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There are various types of trusts available that can protect all aspects of your family’s future.
Living Trust
Our Living Trusts are tailor-made to safeguard your assets throughout your lifetime. They provide you with the reassurance that your estate can be securely and fully passed on to your spouse, children, and their descendants, or any other designated beneficiaries, once you’ve passed away.
This arrangement offers flexibility during your lifetime, allowing for amendments or revocation as needed. Additionally, assets held in a living trust typically avoid probate, saving time and costs, and ensure privacy by facilitating the private transfer of assets to beneficiaries without court involvement.
Property Trusts
With a Health and Welfare LPA, you designate individuals to make decisions about your health and personal welfare if you become unable to make these decisions for yourself.
This can include choices about medical treatment, care options, living arrangements, and end-of-life care. It’s important to note that your attorneys can only make decisions about your health and welfare when you lack the capacity to do so yourself.
Discretionary Trust
This type of LPA allows you to appoint one or more trusted individuals (known as attorneys) to make decisions about your finances and property on your behalf.
These decisions can include managing bank accounts, paying bills, collecting benefits, selling property, and making investments. The appointed attorneys can act on your behalf while you still have mental capacity, as well as if you lose capacity in the future due to illness, injury, or old age.
The process you need to complete can be confusing and time-consuming.
We offer a full “hand-holding” service, to help take away the stress.
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