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Will Writing, Trusts, LPA and Probate services provided across Wiltshire and Gloucestershire with home visits on request

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Disabled Beneficiary Trusts

The Goodwills Disabled Beneficiary Trust

Not all trusts are the same.

You can call us for more information based on your specific circumstances on 01666 744002

What is a Disabled Beneficiary Trust?

A Disabled Beneficiary Trust is a discretionary trust specifically for a disabled beneficiary with special tax treatment depending on the type of disability the beneficiary or beneficiaries has.

What can a Disabled Beneficiary Trust do?

You can draw up a letter of wishes explaining how you would like the trust to be run.

You can appoint appoint trustees so that they can manage the trust in accordance with your wishes.

The assets in the trust can be used to help provide for the disabled beneficiary without being dwindled through reduced support from the local authority as the assets in the trust are not usually included in any assessment.

What can the Disabled Beneficiary Trust hold?

The Disabled Beneficiary Trust will usually hold cash, property and investments.

How do beneficiaries get their inheritance?

The trustees will control the distribution of assets in accordance with your letter of wishes, and will use their discretion where you allow or require it.

How long will a Disabled Beneficiary Trust last for?

It will usually last until the youngest disabled beneficiary reaches a predetermined age as determined by you.

Utilise our expertise!

Don't worry if it all seems quite complicated. Our role is to hold your hand every step of the way and answer all the questions you might have. Goodwills Wilts and Glos can provide a home visit service within many parts of Wiltshire and Gloucestershire or you can visit a senior client consultant in their offices in Malmesbury. Please contact us for an initial consultation or should you have any questions.