All Families Need To Protect Their Assets

1. All Families Need To Protect Their Assets Nobody c an r eal l y af f or d not t o have t hei r as s et s pr ot ec t ed. That i s al s o why f ami l y pr ot ec t i on t r us t s i n Cor nwal l – and el s ewher e – ar e s o i mpor t ant . Of c our s e nobody want s t o l i ve wi t h t he f ear t hat , s houl d adver s e c ondi t i ons i nf l uenc e t hei r l i ves negat i vel y, t hey ar e not pr ot ec t ed f i nanc i al l y t o pr event t ot al l os s of al l of t hei r as s et s . Thes e t r us t s ar e nor mal l y es t abl i s hed s pec i f i c al l y t o pr ot ec t t he i nt er es t s of s ome or al l member s of a s pec i f i c f ami l y. The pur pos e of t hes e t r us t s i s t o ens ur e t hat f ami l i es enj oy pr ot ec t i on of t hei r as s et s whi l e t hey may be us i ng t hem, but al s o at s ome poi nt i n f ut ur e when, s ay, one or mor e member s of t he f ami l y i s no l onger al i ve. The f ami l y pr ot ec t i on t r us t s i n Cor nwal land el s ewher e i n t he UKar e dr awn up f or s pec i f i c pr ot ec t i on of di f f er ent f ami l i es ; t her ef or e no t wo t r us t s c ont ai n t he s ame i nf or mat i on and t he det ai l s wi l l di f f er . I n ot her wor ds ever y f ami l y t r us t i s pr epar ed as a bes poke doc ument f or us e onl y by t he s pec i f i c f ami l y i t i s i nt ended f or . Tr us t s ar e t her e t o pr ot ec t t he i nt er es t s of t he f ami l y and c an t her ef or e i nc l ude i mmovabl e pr oper t y s uc h as t he f ami l y home, t he hol i day home and any ot her pr oper t y, as wel l as ot her as s et s s uc h as s avi ngs . The t r us t pr ot ec t s t he f ami l y agai ns t l os s , whi l e t hey c an s t i l l us e t he as s et s . The f ami l y pr ot ec t i on t r us t i n Cor nwal lens ur es t hat one’ s as s et s r emai n i n t he t r us t f or as l ong as one want s i t . Ever y i ndi vi dual or f ami l y c an make s ur e t hat t hei r as s et s ar e s af e and us ed as i nt ended. I t i s f ai r l y nor mal f or f ami l i es t o want t o pr ot ec t t hems el ves , t hei r s pous es and c hi l dr en f r om c l ai ms by ot her par t i es . Onc e t he as s et s have been t r ans f er r ed t o t he t r us t , t hey no l onger bel ong t o t he owner / s et t l or or t hei r benef i c i ar i es and ar e t her ef or e not s ubj ec t t o c l ai ms f r om

2. c r edi t or s , ei t her c ur r ent or f ut ur e. Of c our s e i t i s mor e c ompl i c at ed t han j us t t hat and i t i s i mpor t ant t o not e t hat c er t ai n c ondi t i ons have t o be met . To have s uc h a f ami l y pr ot ec t i on t r us t i n Cor nwal l pr epar ed and dr awn up, one woul d have t o appr oac h a pr of es s i onal who mus t ens ur e t hat al l c ondi t i ons ar e i ndeed met s o t hat t he t r us t pr ot ec t s t he as s et s of t he f ami l y. Ther e ar e f i r ms and s ol i c i t or s t hat ar e qual i f i ed t o pr epar e and dr aw up t hes es t r us t s . They wor k i n t owns and c i t i es and t hey oper at e f r om t hei r of f i c es or ot her pr emi s es . They al s o adver t i s e t hei r s er vi c es s o t hat one f i nds t hem eas i l y. The good ones make s ur e t hey have an i nt er net pr es enc e and make s ur e t he publ i c c an f i nd t hem on t hei r webs i t e, f or exampl e. I t i s i ndeed a gr eat way of f i ndi ng a f i r m t hat c an as s i s t you wi t h pr epar i ng a f ami l y pr ot ec t i on t r us t i n Cor nwal l . Onc e you have made a dec i s i on whi c h f i r m t o us e, t hey wi l l expl ai n al l t he det ai l of t hes e t r us t s t o you and s how you how i t c an pr ot ec t you, your s pous e and c hi l dr en f r om c l ai ms by c r edi t or s , f or exampl e. Bec aus e not ever ybody under s t ands al l l aws and l egal mat t er s i t c an l ead t o gr eat unhappi nes s i f you do not have your as s et s pr oper l y pr ot ec t ed. Tr us t s c an of f er t he pr ot ec t i on you need; j us t ens ur e you appr oac h a f i r m t hat under s t ands t hes e i s s ues s o t hat t hey c an of f er you t he bes t advi c e and dr aw up t he f ami l y pr ot ec t i on t r us t i n Cor nwal l t hat you and your f ami l y r equi r e. The t r us t has many benef i t s . For exampl e, i t wi l l pr ot ec t t he f ami l y agai ns t c er t ai n c r edi t or s , i t wi l l pr ovi de f or you and your f ami l y dur i ng your l i f et i me – and l at er , al s o i n t he event of deat h – and i t wi l l al s o i nc l ude pr ovi s i ons s uc h as c ar e gi vi ng f or t hos e t hat may not be abl e t o f unc t i on bec aus e of i l l nes s or ot her i s s ues . I t i s i mpor t ant t o under s t and how t hes e t r us t s c an pr ot ec t you. Do not wai t t oo l ong bef or e you s ee a pr of es s i onal t hat c an as s i s t you.

3. About Us At W es t Count r y Es t at e Pl anni ng we of f er s pec i al i s t es t at e pl anni ng s er vi c es and as s i s t anc e. Our s er vi c es ar e ai med at hel pi ng c l i ent s pl an t hei r es t at e t o ens ur e t hat al l t hei r af f ai r s ar e i n or der . W e ar e exper i enc ed i n t er ms of al l i s s ues r el at i ng t o t he dr awi ng up of wi l l s , f uner al pl ans , pr oper t y pr ot ec t i on t r us t s , any pr oc es s es t hat hel p t he i ndi vi dual or ot her ent i t y be pr epar ed f or al l event ual i t i es r el at ed t o t he pl anni ng and pr ot ec t i on of t hei r es t at e. Our year s of exper t i s e have made us t he number 1 c hoi c e f or c l i ent s t hr oughout Cor nwal l , Devon and s ur r ounds . Our per s onnel ar e wel l pl ac ed t o as s i s t al l c l i ent s . For mor e i nf or mat i on Vi s i t : ht t ps : / / www. wes t c ount r yes t at epl anni ng. c o. uk/ Emai l : i nf o@wes t c ount r yes t at epl anni ng. c o. uk Cal l : 8001337512