Posted by on Aug 19, 2015 in Inheritance tax, Trusts | 0 comments

Protecting Your Children’s Inheritance

How Can you Protect your Children’s Inheritance?

Often called “Bloodline Planning”.

Bloodline Planning is ensuring that your assets reach your children, grandchildren and other relatives, rather than ending up in the wrong hands!

When assets are distributed to beneficiaries, “absolutely”, which means.. they receive cash, property or other assets as a direct lump sum payment – so much can be lost. These assets are then considered to be part of the beneficiary’s estate and would be at risk of attack from any future divorce settlements, creditors and taxation.

With the strategic use of Trusts, Michael Usher Wills and Estate Planning can ensure that your children and grandchildren are able to benefit completely from the inheritance you want them to receive and at the same time, protect the family home and other assets from being lost to the costs of Long Term Care.

Have you considered what might happen if your surviving spouse were to remarry? How would this affect your own children if he/she later changed their will in favour of the new spouse and any subsequent children?

Or if you who already have children from a previous marriage how do you ensure that they would get their fair share?

What if your children are very young or have special needs? How can you ensure that they are fully provided for?

Also there may be a business you have worked hard to build up. It would make sense to protect this for your family too?

There really is no point just leaving it all to chance, when with our professional help: to set up the correct type of planning, all these problems could be solved?

Our expertise will ensure that your assets are both fully protected from attack and immediately available to your loved ones after you are gone.

Call us today to get an appointment with one of our Camberley based Wills and Estate planners 01276 691979

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