Our key services
Things to consider
- Who will deal with your assets and liabilities when you die?
- Who will care for your children, if you aren’t here to do it?
- Is your online life accessible to your trustees?
- How do your debts get paid?
- Who will receive your assets, after your debts have been paid?
- What if you become incapacitated, who will be the decision maker?
- Is your trust being administered properly?
- Have you recorded your wishes as a guidance for your fellow trustees if you lose mental capacity or die?
- Have you decided who should succeed you as trustee?
- What does your trust deed say about a successor trustee if you die or lose mental capacity?
Trusts and wills – why you should have both
Trusts and wills should be wrapped up together. The assets in the trust cannot be given away under your will, they can only be distributed by the trustees and according to the terms in the trust deed. A trust should always be backed up by a will that works to compliment the trust as well as a memorandum of your wishes.
