Protect Your Assets and Secure Your Family’s Future

Will Trust services in Devon & Cornwall from £499. Protect assets, control inheritance and support estate planning with expert trust guidance.

What is a Will Trust?

A Will Trust is a legal arrangement created within your Will that allows assets to be managed by people you trust on behalf of your chosen Beneficiaries after your death.

It helps ensure your estate is distributed in a controlled, structured and tax-efficient way.

Will Trusts are commonly used in UK estate planning to:

Protect family assets
Control how inheritance is passed on
Support children or vulnerable beneficiaries
Reduce potential delays caused by Probate

Why people use Will Trusts

A Will Trust can provide greater control and protection over your estate compared to a standard Will.

People typically use them to:

Protect property for a surviving partner or children
Ensure assets are used responsibly by beneficiaries
Plan for remarriage or blended families
Support long-term inheritance planning
Add structure to how wealth is passed on

How a Will Trust works

When a Will Trust is created:

Your Will sets out the trust instructions
Trustees are appointed to manage the assets
Beneficiaries receive benefits based on the trust terms

This ensures your wishes are followed even after your death.

Types of Will Trusts

Property Protection Trust: Often used to protect a share of the family home while allowing a partner to continue living in it.

Residuary Discretionary Trust: Gives Trustees flexibility to decide how and when beneficiaries receive assets.

Flexible Life Interest Trust: Helps safeguard assets from risks such as re-marriage after first death, care fees, or allowing a partner to benefit form the assets while preserving them for the next generation.

Benefits of a Will Trust

A properly structured Will Trust can:

Protect family wealth for future generations
Reduce risk of assets being misused
Provide flexibility in how inheritance is distributed
Support vulnerable or younger beneficiaries
Add structure and control to your estate plan
Mitigate the impact of Care Fees on an estate

Important considerations

Will Trusts must be carefully structured to ensure they:

Comply with UK legal requirements
Align with HMRC rules
Reflect your personal wishes clearly
Work effectively with your overall Will and estate plan

Incorrect setup can reduce effectiveness, so clear advice is essential.

Our Will Trust Service

We provide clear, practical Will Trust advice across Devon and Cornwall.

Our service includes:

Full explanation of trust options
Tailored recommendations based on your situation
Drafting and setup of Will Trusts
Integration with your existing Will
Home visits, phone, or video appointments

Why choose us

Local Will Trust specialists in Devon & Cornwall
Fixed fees from £499
Simple, jargon-free explanations
Flexible appointment options
Professionally prepared legal documentation

A Will Trust can make a significant difference in how your estate is protected and passed on.

We’ll help you understand your options and set up the right structure for your family’s future.

Get expert Will Trust advice in Devon & Cornwall today.

Explore Key Areas of Will Trust Planning

There is a brief overview of key areas below but to help you understand how Will Trusts work in practice in more detail, explore:

Final Summary

A Will Trust is not just about passing on assets - it’s about:

Protecting what you’ve built
Controlling how it is used
Supporting your family long-term

Not sure if a Will TRust is right for you?

If you’re unsure whether a Will Trust is right for you try our Find My Will Type Guidance Quiz:

It's free, takes 2-minutes and will guide you to the most suitable option based on your situation.

Which Type of Will Do You Actually Need?

Take our Free, No Obligation Assessment - click HERE to start

Protecting Assets from Threats

A Will Trust provides a protective element. It ensures that vulnerable family members, such as minor children, vulnerable adults, or those on means tested state benefits, are looked after in a way you choose.

For example, rather than giving a child a large lump sum at 18, which they might not be ready to manage, a Will Trust can release funds gradually, helping them cover education, living costs, or even major life events safely or the Trust can keep hold of the money so benefits are not compromised, but the money is there to add to the support they need.

Beneficiary Divorce Protection

Protecting your legacy from the risks of divorce of a Beneficiary is a key reason to use a Will trust. Effectiivley, you ensure that a beneficiary’s inheritance remains ring-fenced from claims from the other side - in simple terms, your Beneficiry doesn't own the assets so they can't be claimed.

The assets are held by the Trustees until the divorce is finalised and the danger has passed, but can help pay towards the cost of the legal fees and by doing so ensuring the best possible legal representation is obtained and that the money never leaves the bloodline.

Generational Inheritance Tax Protection

Assets passed to a Beneficiary directly inevitably form part of their own estate and will, if not spent, become subject to inheritance tax.

This is known as Generational Inheritance Tax and is where assets either push a Beneficiary's estate over the tax threshold or add to an already taxable estate. Assets passed to a Will Trust can still be accessed by the Beneficiary, but can be passed on as a loan (interest free) that is only ever repayable on death.

Peace of Mind - Ultimately, the protective elements of a Will Trust give you peace of mind. Knowing that your assets are secure, and that your instructions will be followed prevents sleepless nights.

Care Fees - a bug bare of many and it's understandable, but the only legitimate way to reduce the impact on a couple's estate is a Will Trust. Anythign else is frowned upon, if not illegal.

Certainty & Control - You can specify exactly how and when your assets are used, and even include conditions for distribution, such as completing education or reaching a particular milestone.

Drop us an email at enquiries@twplan.co.uk and tell us how we can help, book directly or just give us a call on 01822752055

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