Trusts

Trusts can offer increased asset protection for your loved ones.

Trusts can be set up for a wide range of reasons. They are often suitable where you are wanting to make a gift but there is a reason to withhold the gift until a later time, or to limit the access to such gifts. They are also used as a way to protect your estate against care home fees or inheritance tax.

They can offer increased asset protection for your loved ones and can be included as part of your Will – known as Trust Wills.

What is a Trust Will?

Trusts are a way by which assets are held by one party for the benefit of another. As part of the Trust, you will have named ‘trustees’ who have been designated to control assets on behalf of others, called the ‘beneficiaries’.

Some trusts are created so that they start operating whilst you are alive, others only take effect after your death.

Examples of reasons why you may wish to make a Trust Will include:

Holding your assets until your children are old enough to receive them.
Control access to assets where you are concerned that a beneficiary might waste them if they had free access.
Control how your assets can be used after your death, for example to allow your spouse to live in your house for the rest of their life but after that to ensure that it passes to your children.
Allow your assets to remain available for use by your spouse after your death, but to avoid the risk of them being used for future care home fees that your spouse may have to contribute to.
Ensure that your assets are safeguarded in the event that one of your beneficiaries were obliged to make payments from assets they own, for example if they were to get divorced or go into debt.
Allow a beneficiary who receives state benefits to receive your assets when they need them but in a way which does not affect their entitlement to benefits.
Hold the proceeds of a Personal Injury award for the benefit of the injured party.
Take opportunities which are legitimately available to you for tax planning purposes.

We can advise you on your circumstances and set up suitable trusts for you, act as a trustee of your trust fund, wind up the fund once it is no longer needed and provide advice as to the tax position at these various stages.

How can Jordans Solicitors help?

Our wills, trusts and probate team is made up of highly experienced lawyers who are specialists in this area of law. They are here to listen to your wishes and to provide expert advice whilst being committed to excellent client care through a client focused, efficient and cost effective service.

You can contact us about our services on 0330 300 1103 or request a call-back below and we’ll be in touch to discuss your will.

Our offices are based across Yorkshire in Wakefield, Dewsbury, Horsforth, Selby, Penistone and Wetherby but we can also offer home appointments if you are unable to get to our offices.

Free Initial Appointment

We offer a free initial consultation to discuss your requirements.

And because we understand that life is busy and it’s not always easy to take time out during standard working hours, our team can also offer out of hours appointments including evening and weekends as well as home visits, should you instruct us.

FAQs

That’s not a problem. All you need to do is let us know as soon as possible if your circumstances change and we can accommodate this within your will.
Our will writing solicitors advise that you review your trust will regularly to make sure that it is still in line with your wishes. This also gives you the opportunity to account for any extra property or assets you may have acquired since making your will.
It also means that you don’t have to panic and think of every possible scenario when you first make your trust will.
We recommend that you review your will at every two years (and no more than five) to make sure that it is still in line with your wishes and that changes in circumstances are accommodated.
This can take into account for any extra property or assets you may have acquired since making your will or the changing of family circumstances such as births, marriages and divorces.
We will write to you after the initial 2 year period to remind you that a review is due, where you can contact us at your convenience.

Request a Call Back

Get in touch today and receive a call back from a member of our team.

Our reviews

Alicia Burbeary

My wife and I decided to use Jordan’s Solicitors as they had a local office in Horsforth where we live. We wanted advice on rewriting our wills and on Powers of Attorney to suit our current family circumstances. Alicia Burbeary, Solicitor, gave us clear and comprehensive advice on what can be a very complicated area of law. We cannot thank her enough for the assistance she has given us.

Sophie Costello

Sophie dealt with my will and LPAs very efficiently. She explained everything clearly and answered my questions in a friendly and helpful way. Sophie responded to emails quickly also. I felt that nothing was too much trouble for her.

Lucy Copley

I have had the pleasure of dealing with Jordan’s solicitors for the past 12 months following the death of my mother. The execution of her will, and the sale of her flat proved to be very lengthy and difficult, but thanks to the late Peter Kirrane, Lucy Copley and Belinda Swain, a very stressful and difficult process has been completed very satisfactorily. I have to say that a huge amount of anguish throughout, was lessened due to the respect shown to my late mother by all the staff I was in contact with, and in particular the fact that Lucy and Belinda kept me informed weekly on the process and stages achieved with no small amount of appropriate humour. I will not hesitate to use them again should the need arise. Top marks. Thank you.

Sophie Costello

Sophie is very good at dealing with elderly people, she has a nice way about her... I am 84 years old and was a bit nervous about seeing a Solicitor but Sophie put me at ease straight away.

Lucy Copley

I met with Lucy to make a new Will and she made the procedure very simple and straightforward at a difficult time. I would use Jordans again and I give this recommendation without reserve and with the utmost of pleasure.

Sophie Costello

Arranging the meeting was very easy & efficient. The meeting was both friendly and courteous, everything was explained and our questions answered. The production of documentation was on time and we were proactively chased up on a delay to our return of signed documents, which we found good, as in our experience other solicitors in other practices have not been proactive. We now await the LPAs being registered.

Jordans Wills Team

Dual LPA set up successfully, explanations & guidance were excellent with very good communications, including consulting relevant family members.

Alicia Burbeary

I found Alicia to be a clear communicator who made sure I understood the implications of the decisions I was taking. She could not have completed the work any more efficiently; The copy of my Will was received in line with the timeline Alicia had outlined. I was most satisfied with the whole process, including the cost.

Sophie Costello

Sophie provided an excellent will writing service and was professional and helpful with advice and answering any questions throughout the process. I would thoroughly recommend Sophie to anyone looking to put their will in place.

Lisa McGirr

Lisa has been a wonderful help to our family. Her insightful and experience took away much of the worries. She did only needed certain details to get the things sorted. So impressed how smoothly and quickly things took place without any problems. Thank you Lisa McGirr at Jordans Solicitors Dewsbury.

Lisa McGirr

Lisa was very professional. She also took time to answer my question very clearly. She gave me confidence and trust. She was fast in responding to my mails. Thank you

Lucy Copley

My experience with Jordans has been brilliant. The process has been clearly explained throughout, and breakdowns of cost provided. The team have been responsive and advised on queries clearly to help navigate the process.

Lucy Copley

Lucy ambler was efficient and charming

Sophie Costello

Would definitely recommend, everything explained fully and nothing too much trouble, answered all our questions and advised when needed, very friendly and professional. I would have no hesitation in recommending this Solicitors which we have used previously for our Will drawing up.

Lucy Copley

My partner and I were getting wills written up, all the details were well explained and every question was answered in detail in an easy to understand way. It was a very straightforward and quick process. Communication in person, over the phone and emails was very professional and made us feel like we were in a safe pair of hands.

Lisa McGirr

A credit to your company. A very professional service was given by Lisa McGirr.

Lisa McGirr

Lisa McGirr, brilliant!

Lisa McGirr

Miss McGirr made it very easy to understand.

Lisa McGirr

Fabulous service, very quick and easy to produce and explicit throughout. Thank you

Lisa McGirr

Very happy and very helpful

Lisa McGirr

Lisa Mcgirr helped us with our wills,she enabled us to fulfill our wishes and expertly explained things like inheritance tax and powers of attorney. Lisa was supremely professional, very patient and very pleasant.