Discretionary or vulnerable persons trust
steinson
Posts: 34 Forumite
I’m thinking of setting up a trust for my disabled daughter I want to be able to increase the amount in trust at a later date can I do this with a disabled or discretionary trust
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Comments
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https://www.gov.uk/trusts-taxes/trusts-for-vulnerable-people
Take expert advice.
https://www.lawgazette.co.uk/legal-updates/disabled-peoples-trusts-and-inheritance/5042238.article
https://www.step.org/step-directory
https://www.mencap.org.uk/advice-and-support/services-you-can-count/wills-and-trusts-service0 -
This is a complex area of the law and so it's essential to appoint the right people to guide you. My parents have established a Trust for my disabled sister and found Mencap a good source of advice and support .0
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Thanks I've got an appointment with them on Thursday will they explain the difference between the trusts0
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Thanks I've got an appointment with them on Thursday will they explain the difference between the trusts
A Trust for a vulnerable person can be discretionary.
Your expert will explain.0
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