asset protection trusts

Discussion in 'Finance, Property, Law' started by chocolate_frog, Jun 7, 2012.

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  1. After a recent bereavement, I'm looking in to some trusts to preserve the various assets that I have, should the worst occur.

    Basically, I need somewhere to stash my assets (cash and property) in which I can access the money if I need to but to avoid getting stung in a Tax Office smash and grab.

    I'm looking at two types

    Property Protection Trust or the Asset Protection lifetime trust...

    anyone with experience of these? Or no where one may have downsides?
     
  2. CF. It's worth spending a few bob on an accountant.
     
  3. I am going to, but I just wanted to get a heads up on some of the stuff they may be talking about.