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  • Contact Prime Today

    Contact Prime Today

    To discuss your trust planning requirements, please contact us for a free initial meeting.

    Please Email Us >

Trust Planning

When assets are left to beneficiaries as a direct lump payment, these assets are considered to be part of the beneficiary’s estate, allowing risk of attack from future divorce settlements, creditors and taxation. So how can you ensure that your assets will reach your children, grandchildren and other relatives rather than ending up in the wrong hands?

With the strategic use of Trusts, Prime can ensure that your chosen family and friends will benefit completely from the inheritance you want them to receive, as well as protecting your assets from the costs of long term care.

This “Bloodline Planning” service from Prime can provide asset protection from:

  • Divorce or separation settlements of future generations
  • Future family circumstances such as remarriage
  • Creditors or bankruptcy claims
  • Further Inheritance Tax bills

With different types of Trusts available, putting the correct bloodline planning in place now is crucial to protect your family home, investments and even family businesses for future generations.  There are three basic types of trust in regular use:

  • Bare trusts (or simple trusts)
  • Life interest trusts (sometimes referred to as interest in possession trusts)
  • Discretionary trusts

As the type of trust is very much dependent on individual requirements and the value of your estate, Prime Chartered Accountants can offer expert advice to help you ensure that your assets are fully protected and immediately available after you have gone. 

Call Prime Today - we're here to help

Please contact us today to arrange a free appointment to discuss your trust planning requirements.

Coventry - 024 7651 8555 or Solihull - 0121 711 2468