A disabled person’s trust is a legal arrangement designed to provide financial security and support for individuals with disabilities. These trusts can be established during a person’s lifetime or after their death, and they offer a range of benefits that can significantly improve the quality of life for those who depend on them.
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Free Initial Telephone Discussion
For a free initial discussion with a member of our New Enquiries Team, get in touch with us today. We are experienced in dealing with all the legal aspects of disabled person trusts and once instructed, we will review your situation and discuss the options open to you in a clear and approachable manner. Early expert legal assistance can help ensure you are on the best possible footing from the start and also avoid the stress of dealing with these issues on your own. Simply call us on 0345 901 0445 or click here to make a free enquiry and a member of the team will get back to you.
The Importance of Legal Expertise
Setting up a disabled person’s trust can be a complex process, and it is essential to have the guidance of a qualified solicitor. Solicitors can provide expert advice and support throughout the entire process, ensuring that the trust is established correctly and meets the specific needs of the beneficiary.
Key Roles of a Solicitor
Solicitors can play a vital role in helping you set up a disabled person’s trust by:
- Assessing the Beneficiary’s Needs: A solicitor can help you assess the beneficiary’s current and future needs to determine the appropriate type and size of the trust. This includes considering factors such as living expenses, healthcare costs, education expenses, and support services.
- Advising on the Best Type of Trust: There are several types of disabled person’s trusts available, each with its own unique characteristics and benefits. A solicitor can help you choose the most suitable type of trust based on the beneficiary’s circumstances and your goals.
- Drafting the Trust Document: The trust document outlines the terms and conditions of the trust, including the beneficiary’s rights and responsibilities, the trustee’s duties, and the rules for distributing the trust’s assets. A solicitor can draft the trust document to ensure that it complies with legal requirements and reflects your intentions.
- Assisting with Funding the Trust: A solicitor can help you determine the best way to fund the trust, whether through cash, investments, property, or other assets.
- Providing Ongoing Guidance and Support: Once the trust is established, a solicitor can provide ongoing guidance and support to the trustee, ensuring that the trust is managed effectively and in the best interests of the beneficiary.
Benefits of Working with a Solicitor
There are numerous benefits to working with a solicitor when setting up a disabled person’s trust, including:
- Expert Advice: Solicitors have the knowledge and experience to provide expert advice on all aspects of trust law.
- Peace of Mind: Knowing that your trust is being established correctly can give you peace of mind.
- Protection of the Beneficiary’s Interests: A solicitor can help protect the beneficiary’s interests by ensuring that the trust is structured appropriately and managed effectively.
- Compliance with Legal Requirements: Solicitors are familiar with the legal requirements for establishing and managing trusts, ensuring that your trust complies with all relevant laws.
Choosing the Right Solicitor
When choosing a solicitor to help you set up a disabled person’s trust, it is important to consider the following factors:
- Experience: Look for a solicitor with experience in trust law, particularly in the area of disabled person’s trusts.
- Qualifications: Ensure that the solicitor is qualified to practice law in England and Wales.
- Reputation: Check the solicitor’s reputation and read reviews from previous clients.
- Communication: Choose a solicitor who is easy to communicate with and who is willing to answer your questions.
Blackstone Solicitors is committed to providing expert legal advice and support to individuals and families who are considering establishing a disabled person’s trust. Our team of experienced solicitors can help you navigate the complexities of trust law and ensure that your loved ones are adequately protected.
How we can help
We have a proven track-record of advising upon all aspects of private client work. We will guide you through the process and ensure all checks are carried out swiftly and efficiently and we firmly believe that with the right solicitors by your side, the entire process will seem more manageable and far less daunting.to incorporate, what kind of ownership
How to Contact Our Private Client Solicitors
It is important for you to be well informed about the issues and possible implications of setting up a Trust. However, expert legal support is crucial in terms of ensuring a positive outcome to your case.
To speak to our Trust solicitors today, simply call us on 0345 901 0445, or click here to make a free enquiry. We are well known across the country and can assist wherever you are based. We also have offices based in Cheshire and London.
Disclaimer: This article provides general information only and does not constitute legal advice on any individual circumstances.
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