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Disabled Persons' Trust Will

 

  • The purpose of this Will is for parents of either young disabled children or disabled adults to provide long-term financial provision by placing money or property into Trust.
  • The Trust money (capital) is not taken into account when assessing financial entitlement to State Benefits such as Income Support.
  • By making a Disabled Persons’ Trust Will you can appoint a person you trust to make the right decisions to look after the money you leave for the disabled person.
  • The money is called the Trust Fund and the person looking after the money is called a Trustee.
  • If the disabled person (the Beneficiary) inherits money in the usual way and they are unable to manage that money, the Court of Protection will appoint a person to be Trustee.  This may not be the person the parents or the Beneficiary would choose.
  • I can advise and give guidance on the choice of a Trustee together with the pitfalls when the beneficiary dies and the trust ends.


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