Renaissance Legal have invited Support Collective members to join a Planning for the Future with Wills & Trusts Webinar.
This will take place on Wednesday 16th November 10am – 11:15am via Zoom.
Having an up to date Will in place goes some way to provide for your disabled loved one, however in some cases it has the potential to create further problems. If you or a family member are considering leaving money directly to a disabled person, you can put them at considerable risk of financial abuse and you are likely to impact their entitlement to means tested benefits and social support. As an alternative to this, you may ask a sibling or close family member to ‘look after’ an inheritance on their behalf, but this also carries significant risk if that person is later faced with divorce or bankruptcy.
Philip Warford will talk about the options available to protect a disabled person using specialist Wills and Trusts. Philip will explain how to safeguard means tested benefits and how to provide financial security for your disabled loved one, as well as the rest of your family. Philip will talk through the different Trust options available, the importance of a Letter of Wishes and choosing the right Trustees.
Philip will explain:
Why it is important to make a Will
- How you can protect a disabled person using Wills and Trusts
- The choice of Executors and Trustees
- The use of Letters of Wishes
- Making Gifts in a Will
Why use a Trust
- When should you set up a Trust
- How to protect means tested benefits
Your Trust Options
- Discretionary Trusts
- Disabled Person’s Trust
Philip is the Managing Director of Renaissance Legal. He specialises in helping families and carers of disabled and vulnerable people plan for their future using Wills, Trusts, Powers of Attorney, Court of Protection applications and Inheritance Tax Planning.
Philip regularly speaks at and holds legal clinics & seminars on behalf of many local and national charities including Mencap, The Carers Centre, Age UK, Amaze and Sense.
Please complete our booking form to request a place on any of the above training courses or contact [email protected] for further information.
To find out about more training from the Support Collective visit Training & Events.