Trusts allow assets to be transferred to children or grandchildren in a structured, controlled way — often with significant tax advantages. A bare trust gives the beneficiary an absolute entitlement to the assets at age 18. A discretionary trust gives trustees ongoing control over when and how assets are distributed, which can be valuable where the beneficiary is young, vulnerable, or where you want to retain flexibility. PPFS advises on how trust structures can be integrated into your broader estate plan, working alongside your solicitor to ensure any trust is correctly established and maintained.
“If you transferred assets to your children today, how confident are you that those assets would be protected as you intend?”