The rich variety of family life can throw up a wide range of considerations when making your will. If you have been married before and have children from different relationships to provide for, or you are concerned about providing for relatives with physical or mental incapacity, then a trust in your will might be the solution you are looking for.
In this series of guides, Marie Tisdale, head of wills and probate law at Ansons Solicitors in Lichfield and Cannock, Staffordshire, gives her seven special reasons where a trust in your will might be beneficial.
Miss Sensible, 85, is worried about her younger brother, 83, because she believes people take advantage of his generosity. She wants to ensure he is well provided for if she dies before him, but does not want him to give everything away to strangers. Miss Sensible has chosen two people she trusts to act as appointed trustees in her will. They will ensure her brother has everything he needs but will protect the money from fraudsters, who might otherwise prey on him.
For further advice on trusts in your will, contact Marie Tisdale in the wills and probate team on 01543 267 981 or mtisdale@ansonsllp.com. Ansons Solicitors has offices in Cannock and Lichfield, Staffordshire.