Trusts in your will
A trust lets you decide not just who inherits, but when and how.
What is a trust?
A trust is an arrangement where people you choose, your trustees, look after money or property for someone else, your beneficiaries, following the instructions you leave.
Already included in your will
Every will you make with us can include a trust for young beneficiaries. If someone inherits while they’re under the age you choose (18, 21 or 25), your executors hold their inheritance on trust and can use it for their education, maintenance and benefit until they reach that age.
Trusts you can add to your will
- A lifetime trust, so a partner can live in your home or receive the income for life, and it then passes to the people you choose
- A lifetime trust of your home only, to help make sure your share passes to your children
- A flexible trust, where your executors decide how and when to share your estate between the people you name
- A protected inheritance for someone who is disabled, relies on benefits or could not safely manage a lump sum
You choose these as you answer the questions, and each one is explained in plain English. A will with one of these trusts is an enhanced will. Trusts can affect tax and benefits, so we tell you where professional advice is worth having.