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.
Mr and Mrs Careful have a son who is disabled and cannot manage his own finances. They have created a trust in their wills to ensure that he has access to funds that provide for his healthcare needs to old age, which will be looked after by the trustees chosen by Mr and Mrs Careful.
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.