To underpin the wealth acquired by our clients, PP Trusts Ltd, our sister company, provide a range of trust solutions designed to meet a variety of client needs to ensure generational planning, asset direction and wealth protection for families.

Bloodline Planning ensures that your assets reach your children, grandchildren and other relatives, rather than ending up in the wrong hands!

When assets are distributed via your Will (if you have one) to your chosen beneficiaries, these assets are then considered to be part of the beneficiary’s estate and would be at risk of attack from any future divorce settlements, creditors and or taxation.

With the strategic use of Trusts, you can ensure that your children and grandchildren are able to benefit completely from the inheritance you want them to receive and at the same time offer protection of the family home and other assets from being lost to attack from any future divorce settlements, creditors, taxation and the costs of Long Term Care.

For example, have you considered what may happen if your surviving spouse were to remarry after your demise?

  • How would this affect your own children if he/she later changed their will in favour of the new spouse and any subsequent children?
  • What effect would he/she predeceasing their new spouse have on your own children? Or
  • For those of you who already have children from a previous relationship how do you ensure that they would get their fair share?
  • What if your children are very young or have special needs, how can you ensure that they are fully provided for?
  • There may also be a business you have worked hard to build up. Surely you would want to protect this for your family too?

Do you really want to leave it all to chance, when with the help of your Financial Planner, you like many of our existing clients could with the correct use of Trusts avoid these potential financial disasters?

This would ensure that your assets are protected from attack and immediately available to your loved ones after you are gone.

The benefits of bloodline planning

If assets and wealth are protected in a bloodline trust then they remain within the family unit. Without a bloodline trust assets are vulnerable to:

  • Divorces in future generations of a family
  • Bankruptcy or other financial issues
  • Inheritance tax
  • Other taxes

Bloodline trusts ensure that money can only be accessed and used by your children, your grandchildren or other generations directly related to you – those who have married into a family have no access to funds. For example, if you die and your spouse remarries and has further children, without a bloodline trust in place those children may be entitled to a portion of your assets.

Find out more

If you want to protect your family assets by setting up a suitable trust structure,  PP Trusts are best placed to create a bespoke plan capable of comprehensively protecting your wealth and assets. To find out more about our services call our team today on 01582 462 552, download your guide to Family Trusts or register for our next seminar by clicking below.

Register for our next Family Trusts seminar.