What does a Trust offer me?
Home protection
Protect your home for future generations by placing your share of your home into trust after you have passed away.
Less tax in future
Save on inheritance tax for the next generation.
Choice
Choose trustees and beneficiaries. Decide how you want your estate to be managed through a letter of wishes.
We don’t know each other - but here are people who were kind enough to share their personal experience - quite simply to help us help you.
Trusts explained
What is a Will Trust?
A trust is simply a way to help protect your assets after death, which can guarantee that your loved ones have financial stability for their future. They should be set up in your will to deal with the protection of assets after your death.
A trust can also provide a level of protection for vulnerable people who may have a disability or financial issues that they cannot control.
Trusts can be used where you may be worried about losing your share of a home for paying loved-ones care fees in the future. Trusts also protect against sideways disinheritance and marriage after death. Your assets will make their way to your chosen loved-ones regardless of circumstances out of your control.
How do I set up a Trust?
If you like the sound of any of the details you have read above, then you are likely to benefit from a Will Trust. It is always a good idea to speak to us to get an understanding of how your trust would work with your will. We offer free comprehensive advice with one of our professionals who will talk through your options with you.
A Trust is an essential part of any estate planning.
Choose the service best for you
Couples Property Protection Trust Will
£789
Key benefits:
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Guarantees who benefits from your share of the property if a surviving spouse or civil partner remarries after you die or writes a new will.
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Can help reduce the potential impact of residential care fees on the property value for the benefit of future generations.
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This Trust includes the work to Severe the Tenancy of your property.
Single Discretionary Trust Will
£389
A simple and easy way to settle your affairs for your family and loved ones after you pass away. Decide who manages and benefits from your estate, as well as how your final wishes are to be respected.
Key benefits:
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Guarantees that vulnerable people are given assistance in the management of their inheritance.
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Reduces the risk of state benefit entitlements being compromised by the receipt of inheritance.
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Potentially helps unmarried couples with Inheritance Tax planning.
Couples Discretionary Trust Will
£689
A simple and easy way to settle your affairs for your family and loved ones after you pass away. Decide who manages and benefits from your estate, as well as how your final wishes are to be respected.
Key benefits:
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Guarantees that vulnerable people are given assistance in the management of their inheritance.
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Reduces the risk of state benefit entitlements being compromised by the receipt of inheritance.
All prices include VAT
Why do people use Zenco?
Affordable
Here at Zenco, we take pride in providing services that are genuinely affordable without compromising on quality.
Our commitment to affordability ensures that everyone can protect their best interests without breaking the bank.
Accessible
We believe in accessibility for all. That’s why our service is designed to be easily accessible to everyone, both physically and digitally.
We offer an intuitive online platform for those who prefer to use a service from the comfort of their homes.
Moreover, our customer support team is always available to assist with any queries, making the experience smooth and hassle-free for everyone.
Amazing
We strive to provide an amazing experience to each and every one of our valued customers. From the moment you visit our website, our commitment to excellence shines through.
Our amazing team of dedicated professionals works tirelessly to deliver services that go above and beyond expectations.
We continuously innovate and improve so that you can look after the things that matter with ease.
Why get a Trust Will with Zenco?
Choosing a Will is a crucial decision, and with us, you can rest assured that you are in safe hands. we take pride in providing unparalleled guidance to our customers every step of the way.
Our expert team of legal professionals will carefully tailor your will to meet your unique needs, ensuring that your wishes are accurately reflected and legally binding.
With our seamless process and personalised approach, you can be confident that your legacy will be safeguarded.
Need help? Don’t worry
If you get stuck at any point our team are just one call away to answer your questions.
Available from 8am – 5.30pm Monday to Friday
Top Questions for Trusts
Why have a Trust?
A Trust can offer a layer of protection for the assets held within in it if the beneficiary were, for example, to go through a divorce or face bankruptcy. An outright gift to someone in such a situation could result in the gifted assets passing out of that person’s control, to a former spouse or to a trustee in bankruptcy.
When should I set up a Trust?
A Trust can either be created in your Will so that it only commences on your death, or it can be created in your lifetime and start immediately.
You can then leave a further sum of money to the trust under the terms of your Will. We can discuss this with you and advise you of all the options available to you.
What can I put into Trust?
Money and property are the most common, but you can put anything into the Trust.
Items in the Trust are distributed as and when to beneficiaries of the Trust, which will include your child with a learning disability, by the Trustees.
The letter of wishes you will have written often acts as guidance for the Trustees.
Are Trusts subject to Tax?
Trusts are subject to tax in their own right but they can also be useful for tax planning purposes. A transfer of assets to a Trust during lifetime can reduce the inheritance tax payable on the Settlor’s death by reducing the value of his or her chargeable estate. The transfer of assets to a Trust for a beneficiary with a low level of income and gains can result in lower rates of income and capital gains tax.
What happens to the Trust when I die?
Upon your passing, your estate will be held in Trust for your chosen beneficiaries.
Related articles for Trusts
5 Smart Reasons Why You Should Consider Setting Up a Trust
5 Essential Things to Consider When Setting Up a Trust
The Main Differences Between a Will and a Trust
Discretionary Trust Wills – What you need to know
Property Protection Trust Wills – What you need to know
Property Protection Probate Trust
by Nina Cidylo