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What is a Discretionary Trust Will?

Should you intend leaving some of your Estate to loved ones who are classed as vulnerable (perhaps mentally disabled or suffering from Alzheimer's), a Discretionary Trust Will permits you to appoint a number of Trustees, who will manage the inheritance on behalf of or in support of the vulnerable individual.

This type of Will also ensures that the individual's state benefit entitlements will also be protected.

It may also be that the beneficiary is in severe financial difficulty or even facing bankruptcy, in which case, a Discretionary Trust Will could assist.

Because under the terms of this Will, the beneficiary has no automatic right to any income or capital, it is absolutely vital that you have the utmost faith in the Trustees, who will of course take into account any of your wishes and at all times act in the best interests of the vulnerable person, making funds available if they feel they are truly needed.