PROTECTING YOUR ASSETS FOR FUTURE GENERATIONS

Family Probate Trust Stamford

By setting up a Family Probate Trust, you ensure that your loved ones receive your property quickly and conveniently at the right time, while also protecting your interests during your lifetime.

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01780 431401

9am - 5pm (Mon-Fri)

12 – 13 Stamford Walk, Stamford, PE9 2JE

Family Probate Trust by Town & Country Law Stamford

At Town & Country Law Stamford, our Family Probate Trust is designed to protect your assets and give you full control over your estate:

No probate required for assets within the Trust, saving your beneficiaries thousands in fees and avoiding delays.
You remain in control as the Settlor of the Trust.
Beneficiaries inherit quickly and hassle-free.
Prevents sideways disinheritance, ensuring your loved ones receive their rightful inheritance.
Protects assets from divorce, bankruptcy, or other unforeseen circumstances.
Ensures children inherit at the right time.
Retains flexibility, allowing you to move home or sell property as needed.
Surviving spouses have a ‘Right to Reside.’
Inheritance occurs only after both Settlors have passed.
No ongoing costs—once the Settlors pass, there are no extra charges for selling the property.

Our Trust instruments have been reviewed by a Tier 1 Leading KC in Trusts and Tax, ensuring you receive the highest level of protection and expertise.

Download our free

Download our FREE Family Probate Trust guide...

You can download our free Family Probate Trust guide to find out all the information and guidance you might need.

Download our Family Probate Trust Guide

What Lifetime Trusts Does Town & Country Law Offer in Stamford?

At Town & Country Law Stamford, we offer the Family Probate Trust, an Interest in Possession Trust that is set up during your lifetime to protect your assets and streamline inheritance.

This trust includes a Settlor, Trustees, Beneficiaries, and a Life Tenant, ensuring that your estate is managed and distributed according to your wishes.

A key advantage of the Family Probate Trust is that it helps speed up the inheritance process, avoiding the delays and costs associated with probate.

Many clients in Stamford have faced long and expensive probate procedures when dealing with a loved one’s estate. By placing property into a Family Probate Trust, probate is bypassed upon the Settlor’s death, allowing Trustees to act immediately and distribute assets to the chosen beneficiaries.

Who Will Be Named as the Owner of My Property?

In Stamford, when you set up a Family Probate Trust with Town & Country Law, the Trustees will be the legal owners of the property, while the beneficiaries or anyone with a life interest will be the beneficial owners.

However, being a Trustee does not mean the property is part of their personal estate. This means it should not create issues with Stamp Duty or affect someone’s ability to purchase their first home.

Are There Any Other Considerations?

Yes. When making a lifetime gift—whether transferring property or assets to a trust or giving a large sum to a friend or family member—you must consider the rules on Deliberate Deprivation of Assets.

This is particularly relevant if you anticipate needing long-term residential care, facing bankruptcy, or going through a divorce where a financial settlement is pending. In these situations, authorities may claim that you intentionally reduced your estate to avoid creditors or care home fees, which could lead to action against you or your Trustees.

At Town & Country Law in Stamford, we can provide expert advice to ensure your estate planning is done correctly and in compliance with the law.

Alternative Estate Planning Options in Stamford

If you have concerns that setting up a Family Probate Trust might conflict with Deliberate Deprivation of Assets rules, you may want to explore an alternative approach. A Protective Property Trust Will from Town & Country Law in Stamford can offer a secure way to plan your estate while safeguarding your assets for your beneficiaries.

For expert guidance on the best estate planning solution for your situation, please contact our team.

Some aspects of estate planning involve reserved legal activities, meaning they must be handled by an authorised legal professional in accordance with the Legal Services Act 2007. To ensure you receive the highest level of protection, we work closely with a trusted firm of regulated solicitors, who we can introduce you to as needed. You can find more details here.

Speak to one of our expert advisers about our Will Writing Services