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Arrange your Trust with Smart Will Today! 

What types of trusts are there? 

Protect your future today!

What types of Trusts are there? 

  Living Trusts (Revocable Trusts)

 Living Trusts (Revocable Trusts): These are set up during the grantor's lifetime and can be altered or revoked by the grantor. They allow for the management of assets during the grantor's lifetime and transfer to beneficiaries upon death, avoiding probate.

 Irrevocable Trusts: 

Irrevocable Trusts: Once established, these trusts cannot typically be changed or revoked. Assets are transferred out of the grantor's ownership and, therefore, may offer protection against creditors and taxation. Examples include irrevocable life insurance trusts and charitable trusts.

 Asset Protection Trusts: 

Asset Protection Trusts: These trusts are specifically designed to protect assets from potential creditors or legal claims. They can be set up in ways that limit access to these assets, shielding them from certain risks.

 Discretionary Trusts: 

Discretionary Trusts: These trusts provide trustees with discretion in distributing assets to beneficiaries, allowing flexibility in managing wealth and protecting assets from creditors or other claims against beneficiaries.

Bare Trusts (Simple Trusts): 

Bare Trusts (Simple Trusts): In these trusts, the beneficiary has an immediate right to both the capital and income. However, the legal title is held by the trustee, providing a way to manage and protect assets on behalf of the beneficiary.

 Charitable Trusts: 

Charitable Trusts: These trusts are set up for charitable purposes. They can provide tax benefits and allow individuals to donate to causes they care about while potentially providing some control over how the assets are used.

  Family Trusts: 

Family Trusts: These are created to benefit family members and can serve various purposes, such as protecting assets for future generations, providing for family members with special needs, or maintaining family control over assets.

 Overview

Each type of trust has its own advantages and considerations based on individual circumstances, financial goals, and the level of protection or control desired over the assets.

There are several types of trusts that can be used to protect your estate and manage your assets for the benefit of specific individuals or purposes. 

Without a Trust in place this can:

Delay in Decision-Making:

Burden on Loved Ones:

Financial Challenges:

Potential Family Disputes:

Prolong Probate:

Thousands of people are using and enjoying

the simplicity of the Smart Will App! 

Thousands of people are using and enjoying the simplicity of the Smart Will App! 

 Arrange your Trust with

Smart Will  now!

Ratings and Reviews

"I found the process stress-free, even fun!"

"I hadn’t gotten round to creating a will as it seemed like a huge task to undertake, so I kept putting it off. With three young children, it’s important to me to make sure they are protected if I were to die. Using the app was so easy, simple and quick. My husband and I were able to answer all questions easily and I found the process stress-free, even fun!"

"Superb will writing service"

" have thought about getting a will for a number of years but the thought of going to a solicitors has always put me off. The app makes everything so easy and the multiple choice answers make the process so straightforward.

It is excellent value for money and I would highly recommend."

Sarahladyjane

"Death wishes made simple?"

"Well I was a bit sceptical but site was easy to use with only a couple of glitches along the way . I hope I’m not inundated with 3rd party offers and mailings but having read the terms and conditions: privacy notice these can if need be stopped ? We shall see?"

"Quick and straightforward way of creating a Will! "

"Got to admit, I didn’t realise the importance of having a Will at my age (I’m in my 20’s) until recently, and after creating one on this app it couldn't have been any easier! Very straightforward, quick and everything about Will’s and the different options to add onto your Will is explained on each step of the app! Highly recommend!!"
Rach Smith

"Easy to use"

"At first I thought £79 was expensive, then when I read that smart will send you an actual physical Will that you can update on your handset at any time at no extra cost, I realised it wasn’t expensive at all compared to a solicitor or will writing company. Highly Recommended!"
Claire

"Definitely recommend to anyone"

"Easy to use, quick and professional - definitely recommend to anyone looking at/thinking about writing a Will!"
Bek Jones

"So simple, great service"

"Mum needed a will and didn’t want the backwards and forwards to solicitors etc. For 19.99 we had a will we could spend time on creating. Printed it off, signed and send back for free will storage (later than supposed to be too and they still didn’t charge for will storage) Thankyou so much. Put our minds at rest for what the future could hold."
Claire

"Quick, easy and affordable."

"I wrote my will in less than 10 minutes, an received my will in the post a day later. It cost me half the price of the quote of my local solicitor."

Arrange your Trust with Smart Will now!

Join thousands of Smart will users that have used

our super easy apps to let their families and loved ones know their final wishes.

Can I change the will multiple times?

Our lifetime membership gives two free updates per year, so you can rest assured you can update your Will, for life, with no extra fees.

Are these wills verified?

All Wills are checked by our experts before being sent with free secure storage also included!
© Copyright Smart Will 2020. All Rights Reserved.

Smart-Will is a trading style of 'C. J. Fisher & Co Ltd' company number 11749223, Registered Address: 10/12 Upper Dicconson Street, Greater Manchester, WN1 2AD ICO Registration no; ZA501562

© Copyright Smart Will 2020. All Rights Reserved.

Smart-Will is a trading style of 'C. J. Fisher & Co Ltd' company number 11749223, Registered Address: 10/12 Upper Dicconson Street, Greater Manchester, WN1 2AD ICO Registration no; ZA501562