Discretionary Trust

Wills written to include a discretionary trust that will protect beneficiaries should they have difficulty in managing financial affairs. Commonly through dependency on drink or drugs, gambling addiction or spendthrift. Allows the testator to provide for a person in a safe and controlled fashion with capital and income advanced by the Trustees as they see fit. The testators should underpin this with a letter of wishes detailing their intentions of how they wish the trusts to be run.