Skip to main content

A “Trust” is where one or more people hold assets or money for the benefit of others.  When you make a will you effectively nominate your executors to act as trustees of your wishes for the benefit of the beneficiaries.

The responsibility of the trustees is very serious. If a trustee doesn’t act in the best interests of the beneficiary they can be personally liable. This is known as a “fiduciary duty”.  This is why some executors prefer to engage the services of a professional executor.

The wills at Make a Will Online automatically contain trusts for the care of children and looking after life gifts.  If you want a more complicated trust to be set up this goes beyond a simple will.  You should speak with a traditional solicitor to draft this.  An example might be for an income for an adult for as long as they stay in full time education or an income for a spouse or partner until they die or remarry.

Make a Will Online
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.