Ensuring wealth will be protected for future generations will be an important matter for every family. Setting up a trust can play a crucial role when it comes to ensuring assets reserved for other members of your family are controlled and protected for the family's benefit to the exclusion of other individuals and entities.

Trusts can be tailored to achieve a variety of different objectives and can be tightly constrained or extremely flexible depending on the needs and objectives.

A trust can be established on your behalf to appease a variety of factors; to protect selected assets against claims, to ensure the smooth succession of assets upon death, and avoid expensive probate fees, to support education fees for family members, ensure your children keep their inheritances, reduce the impact of certain inheritance taxes, avoiding unwanted claims on your estate when you die.

Trusts can play an important role in ensuring peace of mind by protecting your assets. A family trust can potentially provide a legacy in your name which could ultimately last for up to 125 years, throughout that time serving future generations of your family with a source of capital to draw on when the need arises, whilst protecting the capital from those who you do not want to access it.

The Financial Conduct Authority does not regulate Trusts.