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Duties and Responsibilities of a Trustee Estate Planning 2018-2025

Pc 284 2018-2025 Form

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so most people don't have inheritance tax problems it's only 4% of the population so the vast majority of lawyers who want to protect assets for their clients would write a will trust and then the trust is written into the will however that trust does not exist because there is no settlement into the trust it is then set up at a later stage and the problems we have with that is that you don't know what the rules are going to be in 25 years time when you die and you don't know what the cost are going to be when you come to set it up and it sus at the surface of it that it's much cheaper but in actuality it isn't most importantly what doesn't happen is that because it's a simple and fast process people don't pay a lot of uh attention to the expression of wishes letter which makes sure that your wishes for what happens with your money in the trust are clearly identified for your trustees to carry out those wishes

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CT PC-284 2018
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CT PC-284 2016
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