As well as including trusts in wills, we can also set up lifetime trusts to assist with wider succession planning in relation to your estate.
Reasons for setting trusts include:
- To protect vulnerable beneficiaries, such as loved-ones with learning disabilities, dementia or simply those who are unable to manage money
- Inheritance tax planning
- Succession planning in relation to business assets, often in conjunction with advice from our colleagues in the corporate department
If you need advice regarding setting up trusts and life estate planning from trusted advisers, contact 0191 281 6151 or email our wills, trusts and probate team on probate@mincoffs.co.uk.
“Mincoffs Solicitors are knowledgeable, efficient and professional. My family and I worked with them after our father passed away and they worked indefatigably to deal with the complicated estate.”
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