
Founded in 2016 with trust
Trusts
Benjamin Ackary offer 3 Trust Services:
Vulnerable Persons Trust
Childrens Trust
Protected Property Trust

Vulnerable Persons Trust
A Vulnerable Persons Trust is a legally binding instruction which can be implemented into your Last Will & Testament.
A Vulnerable Persons Trust is a vital addition to your Last Will & Testament if you are planning on leaving any proportion of your estate to a loved one who is disabled or has severe learning difficulties. The purpose of a Vulnerable Persons Trust is to appoint your executors /trustees to legally manage the provisions which have been left to the person.
Leaving your estate to your loved one who may be vulnerable can often have undesirable effects if the proportion of the estate which is left is not put into Trust. This commonly results in state assisted care and any benefit being stopped as receiving the estate will more often than not result in your loved ones exceeding the means testing threshold.
The Trust allows the proportion of the estate being gifted to the vulnerable person to be managed by the executor or trustee. As a result of this the Trust works as a ring fence around the inheritance meaning the assets being left in the Will would not be subject to means testing as it would not form part of the beneficiaries estate.

Childrens Trust
A Children’s Trust is a legally binding instruction which can be implemented into your Last Will & Testament.
A Children’s Trust is an essential addition to your last Will & Testament if you are planning on leaving any proportion of your estate to a minor. The purpose of a Children’s Trust is appoint your executors / trustees to legally manage the provisions which have been left to the child(ren). This allows the trustees to manage the assets until the child(ren)’s 25th birthdays, rather than the beneficiaries being allowed access to the proportion on their 18th birthday without any legal supervision.
• The trust allows your trustee to administer funds to the child(ren). This could include funds for University or a deposit on property, etc.
• This Trust also allows your trustees to supply funds for living expenses, education costs , etc.
• This Trust ensures that the child(ren)’s guardians will not have to use their own funds to pay for the upbringing and support of the child(ren).
