Which trust is right for you?
We provide a range of trusts to cover different needs, so it's important you understand which trust is right for you. Our tool can help you decide by asking you some basic questions to help narrow down the options of which trust might be best for you.
Who's needed to set up a trust?
- Settlor (or 'Donor' on an Absolute Trust) - the person(s) who puts assets into a trust (transferring legal ownership to the trustees) and appoints trustees to look after the trust.
- Trustee - the person(s) who looks after the contents of the trust on behalf of the beneficiary(ies) - normally trustees are the settlor themselves, and at least one other person, someone else the settlor trusts and who is likely to outlive them.
- Beneficiary - the person(s) who can benefit from the trust.