You need this trust! LCS believe this is one of the most important Trusts to have!
A Property Trust allows you to decide what happens to your property once you have passed away, including who will live there and who will inherit the proceeds from what could be your most valuable asset.
Personable, Friendly Service
LCS takes time to get to know the needs of each customer. We can offer you expertise and experience in Will drafting and when needed a full Probate administration service. Our team provide all of our customers with an approachable and affordable service which is sensitive to your individual needs.
We Are Here To Help You
Here at Legal & Contract Services Ltd we pride ourselves on being a well-connected and innovative team. We are well placed to help consult, recommend and facilitate services on a wide range of products.
At LCS we believe Property Trusts are incredibly important.
1. Provide an ongoing home for somebody (e.g. partner or spouse) following your death. This is incredibly important to avoid leaving a loved one homeless after your death.
2. You may ensure that your specific beneficiaries will inherit your share of the property. Naming those that you wish to inherit is important especially when there are second marriages and children from other relationships to consider.
3. To ensure your bloodline continuity. Your natural children could find that their share diminishes should your spouse/partner remarry in the future following your death.
Contact us now to discuss a Property Trust and whether you are eligible for Residence Nil Rate Band Uplift.
Trusts offer a means of holding and managing money or property for people who may not be ready or able to manage it for themselves. Trusts can protect your assets, such as your home. They can help ensure that your assets are passed on in accordance with your wishes after you die.
A Trustee should be appointed to legally manage and administer the Trust in accordance with the wishes of the person creating the Trust.
A Trust can either be set up by you during your lifetime or by your Trustee after your death and in accordance with your Will.
Trustees are the ‘legal holders’ of any Trust property and they manage and distribute the Trust assets. There can be one or more Trustees.