Trusted Will Writing Specialists Serving Wolverhampton and Beyond

Trust Writing Services

A Will Trust is a legal arrangement provided in the Last Will and Testament of an individual or legal entity. Trust provisions are laid down in the Will in relation to how your assets should be dealt with upon your death.

Remember, while a Will Trust is created during your lifetime, it only takes effect after your death. It’s crucial to consider both current and potential future needs of your beneficiaries when planning. For personalised advice on Will Trusts, get in contact with us as we are experienced in writing Wills and Trusts and can guide you through the process and help you make informed decisions about your estate planning.

Types of Will Trusts

There are several types of Will Trusts, each serving different purposes:

Property Protection Trust – Designed to ensure that the property is protected from being used to pay for care home fees which can potentially save around £75,000 per year on average.
Life Interest Trust: Provides benefits to one person during their lifetime, with the assets passing to others after their death. Assets can be either liquid assets (savings/investments) or property assets such as property or land.
Discretionary Trust: Gives trustees the power to decide how and when to distribute assets among a group of potential beneficiaries.
Vulnerable Beneficiary Trust: Designed to provide for disabled or vulnerable individuals. These trusts are used so that the vulnerable beneficiary cannot be taken advantage of financially, but also so that any beneficiary who is in receipt of benefit income cannot have their benefits taken away from them should they inherit a large sum of money.
Bare Trust for Minors: Holds assets until a young beneficiary reaches a specified age of your choice, usually around 21.

Advantages of Will Trusts

Asset Control: Trustees maintain control over funds, which is beneficial for beneficiaries unable to manage money themselves.
Flexible Planning: Can provide for multiple generations, lasting up to 125 years after death.
Protection of Assets: Assets can be safeguarded from potential creditors or in case of a beneficiary’s divorce and can be safeguarded from care home fees.
Tax Efficiency: May offer tax advantages in certain circumstances.

Who Can Benefit?

Will Trusts can benefit various individuals or entities, including:

Family members
Minor children
Vulnerable or disabled individuals
Charities

The choice of beneficiaries depends on your wishes and the type of trust established.

Setting Up a Will Trust

To set up a Will Trust:

Contact us as we specialise in estate planning.
We will help you to determine the appropriate type of trust based on your circumstances and goals.
We will draft a will that includes the trust provisions.
You need to choose trustees carefully, considering their responsibilities.
You have the option to review and update the Will periodically to ensure it remains relevant to your wishes and circumstances.

For personalised advice on Will Trusts, get in contact with us as we are experienced in writing Wills and Trusts and can guide you through the process and help you make informed decisions about your estate planning.

At Your Will Writers, we are dedicated to providing professional, personalized service to ensure your estate planning needs are met with the utmost care and expertise. Feel free to reach out to us to discuss how we can assist you.

About Your Will Writers

Welcome to Your Will Writers, where your peace of mind is our top priority. I’m Noel Wildman (MSWW), the founder and principal of Your Will Writers, and I bring over 25 years of experience in legal and financial services to help you navigate the complexities of estate planning with confidence.

At Your Will Writers, we specialise in crafting personalised wills, trusts, and powers of attorney tailored to your unique needs. Our services also extend to handling probate enquiries and providing expert signposting through our trusted network of partners.

As a full member of The Society of Will Writers (SWW) and holder of £2 Million in professional indemnity insurance, I am committed to maintaining the highest standards of professionalism and reliability. My extensive background ensures that you receive informed and thoughtful guidance every step of the way.

Our approach is client-centered, offering flexible service options including face-to-face meetings, video calls, and telephone consultations to accommodate your preferences. Whether you’re coming to us directly or through a referral from one of our trusted partners—such as financial advisors, mortgage advisors, estate agents, or accountants—rest assured that you’ll receive the same level of dedicated and expert service.

Thank you for considering Your Will Writers for your estate planning needs. I look forward to helping you secure your future with clarity and confidence.

Our Client Testimonials

"I had an excellent experience with this will writing service. The team was incredibly professional, and they guided me through the entire process with great care. My will was completed promptly and with attention to detail. I feel much more at ease knowing everything is sorted. Highly recommended!"

"Exceptional service from a highly professional team. The will was prepared with great care and attention to detail. Communication was clear and prompt throughout the process. I am very pleased with the outcome and would certainly recommend this service to friends and family."

"Very impressed with the service I received. The will writing was handled efficiently and with great precision. The staff were friendly and made sure I understood every step. It was a stress-free experience, and I’m confident my wishes are clearly outlined. Would definitely use again."