Trusts can be very valuable. At Paradigm Wills, our legal advisors can set up different types of trust, all of which achieve slightly different objectives. You specify the terms and conditions, and we help you choose the right trust based on your circumstances. 

Protective Property Trust

Are you a joint homeowner? Do you have concerns about who will inherit your share of the residence? Find out more about protecting yourself, your partner, and your estate.

Disabled Persons and Vulnerable Persons Trust

Do you have disabled children?
Find out more about how to provide your children with financial stability throughout their lifetime.

Flexible Life Interest Trust

Do you want to ensure that your surviving spouse will have an income for the rest of their life? Find out more about how to provide for your partner with income from the trust and avoid inheritance tax.

Asset Protection Trusts

Do you want to ensure that all your assets will ultimately pass to your children? Find out more about creating a living trust that allows you to transfer your assets or property immediately.

Discretionary Trust

Are you concerned about the potential misuse of your assets? Find out more here about creating a trust which gives you control over when and how much your beneficiaries inherit.

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One of the most appealing aspects of having a trust is control.

You control when and to whom distributions are made. If you are dealing with children, disabled people, or those who are unable to take care of themselves, you should consider setting up a trust. It allows you to safeguard property for your loved ones, reduce their inheritance tax, and protect their means-tested benefits.

Setting up a trust can feel overwhelming – you may be concerned about costs or not understanding the process thoroughly. That’s why our friendly estate planners are here to resolve any queries you may have—no matter how small. We offer professional advice with a free consultation to help you decide which trust is best for you. 

If you want to browse our Trusts pages, please refer to the list of definitions our experts have compiled to help make everything a little clearer.


A settlor – The person that sets up the trust.

A trustee(s) – The person(s) who manage(s) the assets as per the trust deed.

A beneficiary – The person that benefits from the assets, income generated by the asset, or at the end when the benefits pass from the trust to the will.

Right of survivorship – A right granted to joint homeowners of a property that ensures the surviving partner automatically inherits the deceased’s share. 

Tenants in common – When both partners own undivided interest in a property which becomes part of an estate when one dies.

A grant of probate – A legal document left by a person who has a will to confirm that the named executors are authorised to administer the estate of the deceased legally. 

An intestate person – A person who dies ‘intestate’ doesn’t leave a will.

The rules of intestacy – When a person dies without leaving a will, their will is distributed according to ‘the rules of intestacy’. This would follow a specific bloodline hierarchy of family members, children, or partners if they were married.

A life tenant – A person granted ‘life tenancy’ is entitled to rent or to remain in a property for as long as they live. 

To ring-fence – To ensure that money or assets are protected and used only for their intended purpose. 

Deliberate deprivation – When setting up a trust, it is important to be cautious of deliberate deprivation. This is when you sell or give your home away to avoid paying for care fees, and it can be reversed under the NHS and Community Care Act 1990.