Vulnerable person trusts are established to protect and manage the assets of individuals who lack the mental capacity to do so themselves. These individuals may suffer from conditions such as dementia, Alzheimer’s disease, or severe learning disabilities. The trust provides a framework for managing their finances, property, and other assets in their best interests. […]
A disabled person’s trust, also known as a “disabled discretionary trust” or “trust for a vulnerable person,” plays a pivotal role in safeguarding the financial and personal interests of individuals with disabilities. In England and Wales, these trusts are widely utilised to ensure that beneficiaries with disabilities are supported without jeopardising their entitlement to means-tested […]
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