How can I protect my children’s inheritance?
Without the correct 'Bloodline Planning' -
Some, or all of your children’s or grandchildren’s (bloodline’s)
inheritance could be lost.
Assets not protected by a Trust face attack from –
- The Divorce or separation settlements of future generations.
- Creditors or Bankruptcy claims.
- Further Inheritance Tax bills.
- Distributing assets
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’, (i.e. 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, Rafter 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
The correct Trusts can provide the protection and control of a multitude of assets from those risks noted above. This protection can extend from the family home to investment products and Family Businesses.
There are two potential scenarios when planning can be made with Trusts. One is during your lifetime and the other is in preparation for death.
At Rafter Wills and Estate Planning, we utilise a range of trusts in conjunction with the Will, which will ensure that your hard earned assets are fully protected for your children and grandchildren. The type of planning is very much dependent on individual requirements and the value of the estate, so please contact us today for a free, no obligation discussion.
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