Inheritance trusts

What is an inheritance trust?

An inheritance trust is a way to transfer your assets to a loved one after you’re gone. It is often created for a child or grandchild.

What are the benefits of an inheritance trust?

An inheritance trust allows you to decide who you want your assets to go when you die and keeps them in your name during your lifetime.

Holding and protecting your assets in an inheritance trust can help protect your loved one’s inheritance from relationship property claims or business creditors as long as certain criteria are met. Talk to us about how this could work in your situation.

How does an inheritance trust work?

We can help you determine if an inheritance trust is the right solution for you. We can also help you set up your inheritance trust, document your intentions, decide how you want it administered, and act as trustee if you wish us to.

We can also take care of preparing or updating your will to capture that you’re leaving assets to an inheritance trust.

Keep in mind that if you have more than one person you’re transferring assets to, each individual should have a separate inheritance trust.

How much does an inheritance trust cost?

Setting up an inheritance trust requires sound advice and legal expertise, which we can provide. The cost depends on the number of trusts you want to establish and the complexity of your situation.

We’ll provide you with an estimate of the costs.

For more information please see our fees and charges.

Talk to our experts

We’re here to help if you’d like to discuss getting an inheritance trust set up or just want to find out more. Speak to us on 0800 371 471 or get in touch online to arrange an appointment.