Ultimate Asset Protection - LCS Legal Dawlish

Choose Ultimate Asset Protection

Lifetime Trust giving protection from Bankruptcy, Claims against your estate, Divorce, Probate fees and more.
From £1400.00 inc. VAT and a FREE home visit.

Asset Protection Trusts are a specific type of Discretionary Trust which provide an extremely good way of protecting and ring fencing Assets.

Learn More
Download Brochure

What are LCS Ultimate Asset Protection Trusts?

1

Asset Protection Trusts (APTs) are an express form of Discretionary Trust

2

An extremely good way to protect and ring-fence assets

3

The APT is a separate document written independently of a Will

4

Unlike most Discretionary Trusts, APTs are set up during your lifetime

5

APTs can protect your assets for you and your family

6

You decide who to appoint as your Trustees (people who look after the Trust)

7

Any assets placed into the APT are managed and looked after by your Trustees

8

Assets within the APT become the property of the Trust, given by you

What can I put into my APT?

  • You decide what is right for you; this could be property, cash or investments
  • Current legislation states that each individual can place up to the Nil Rate Band (NRB) – currently £325,000 (as of 2015)
  • A couple could place both of their NRBs - £650,000 into their APT
  • Placing more than the NRB into your APT will incur immediate and on-going tax liabilities
  • LCS have associate Independent Financial Advisers (IFAs) who can advise and assist with all matters of taxation.

Do I still have control over the Trust Assets?

  • Once you have decided which Assets are to be protected they become the property of the Trust
  • Your nominated Trustees will then be responsible for the Trust Assets. This is why it is vital for you to carefully consider who to appoint into the role of Trustee
  • You may be a Trustee but you must appoint at least one other person
  • The Trustees you choose should be reliable and trustworthy.

Contact us today to discuss your requirements in complete confidence:

0345 017 8250(local rate call)
CONTACT US BROCHURE