Standard Asset
Trust

Like a will, a Standard Asset Trust – also known as a Living Trust – sets out what you want to happen to your estate. But unlike a will, the Trust comes into effect as soon as it’s created and your assets – property, savings and investments – are put into it. You can be the trustee, so you have complete control over it during your lifetime, and you can make sure loved ones benefit from their inheritance during your lifetime if you wish, passing on assets at the best time for you both.

You can appoint other trustees to manage your affairs if you’re unable to, and a Standard Asset Trust also protects your share of assets for your children if your partner later remarries. A major benefit of setting up a tailored trust like this though, is that it minimises the fees and delays associated with probate – so everything can be sorted out much more easily when the time comes – and unlike a will, a Trust cannot be contested so there’s less chance of disputes or complications.

With a Standard Asset Trust:

You’re in control

  • You decide exactly how and when your wealth is passed on

Protection

  • Your assets are safeguarded from future claims and risks, and effectively ring-fenced so they can be passed directly to your children
  • They are also protected from bankruptcy or creditors

Inheritance Tax

  • The Trust can potentially save your family up to 40% of their inheritance

You can avoid delays

  • Placing your assets in a Trust minimises the fees and delays associated with probate, so your loved ones can inherit in weeks, rather than months
  • Your family has peace of mind – unlike a will, a trust cannot be contested, reducing the chance of disputes or complications

A tailored Standard Asset Trust might provide the perfect protection and peace of mind during your lifetime, knowing everything is sorted out well in advance. Depending on your situation, there may also be tax advantages to setting one up.

If you’d like to discuss the benefits it would bring you, simply arrange a home visit today.

Talk to your Aiker Legacy Adviser

Arrange a home visit now to discuss your current situation, and which options might suit you best, and how regular reviews can help you be sure your legacy isn’t at risk. The whole process is easy, and starts by simply giving us your details.





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