{"id":2446,"date":"2019-05-14T10:27:10","date_gmt":"2019-05-14T09:27:10","guid":{"rendered":"http:\/\/willsandprobate.rip\/?page_id=2446"},"modified":"2019-05-14T10:27:10","modified_gmt":"2019-05-14T09:27:10","slug":"what-is-a-trust","status":"publish","type":"page","link":"https:\/\/simply-wills.com\/what-is-a-trust","title":{"rendered":"What Is A Trust?"},"content":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; lg_spacing=&#8221;padding_top:115;padding_bottom:115&#8243; background_image=&#8221;1393&#8243; el_id=&#8221;section-services&#8221; background_position=&#8221;center center&#8221;][vc_column][tm_heading tag=&#8221;h1&#8243; custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;What Is A Trust?&#8221; max_width=&#8221;770px&#8221; font_size=&#8221;lg:36&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;A trust is the formal transfer of assets, whether it be property, shares or cash, to another, whether it be an individual or a small group of people. It can also be made to a trust company with directions to hold the assets for the benefit of others.&#8221; font_size=&#8221;lg:18&#8243; max_width=&#8221;770px&#8221;][tm_spacer size=&#8221;lg:70&#8243;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; background_color=&#8221;custom&#8221; custom_background_color=&#8221;#eeeeee&#8221; lg_spacing=&#8221;padding_bottom:110&#8243;][vc_column][vc_row_inner lg_spacing=&#8221;margin_top:-135&#8243;][vc_column_inner width=&#8221;1\/3&#8243;][tm_box_icon style=&#8221;7&#8243; align=&#8221;center&#8221; button_color=&#8221;secondary&#8221; background_color=&#8221;primary&#8221; image=&#8221;2561&#8243; heading=&#8221;Inheritance Tax&#8221; text=&#8221;Set up a trust and you could save a vast amount on inheritance tax in the future. Your family will directly benefit, maintaining more of your estate and asset value.&#8221; button=&#8221;url:%2Finheritance-tax-iht%2F|title:More%20Details||&#8221; link=&#8221;url:%2Finheritance-tax-iht%2F|title:Inheritance%20Tax||&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_box_icon style=&#8221;7&#8243; align=&#8221;center&#8221; button_color=&#8221;secondary&#8221; background_color=&#8221;primary&#8221; image=&#8221;2562&#8243; heading=&#8221;Costs&#8221; text=&#8221;The cost of setting up a trust can greatly outweigh the amount of inheritance tax due. Careful planning can ensure your family keep as much of your assets as possible.&#8221; button=&#8221;url:%2Fwhat-is-wealth-management-estate-planning%2F|title:More%20Details||&#8221; link=&#8221;url:%2Fwhat-is-wealth-management-estate-planning%2F|title:What%20Is%20Wealth%20Management%20%2F%20Estate%20Planning||&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_box_icon style=&#8221;7&#8243; align=&#8221;center&#8221; button_color=&#8221;secondary&#8221; background_color=&#8221;primary&#8221; image=&#8221;2563&#8243; heading=&#8221;Why A Trust&#8221; text=&#8221;Quite simply you and your family can be saved a lot of stress, time and money. Trusts help avoid probate, manage assets, protect from creditors and tax related issues.&#8221; button=&#8221;url:%2Fwhy-set-up-a-trust%2F|title:More%20Details||&#8221; link=&#8221;url:%2Fwhy-set-up-a-trust%2F|title:What%20Is%20Wealth%20Management%20%2F%20Estate%20Planning||&#8221;][\/vc_column_inner][\/vc_row_inner][vc_column_text]<\/p>\n<p class=\"p1\" style=\"text-align: center;\">Don&#8217;t hesitate, contact us if you are unsure of the service you need or just need some help and advice.\u00a0<a style=\"text-decoration: underline;\" href=\"#\"><span class=\"s2\">Contact Us<\/span><\/a><\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row lg_spacing=&#8221;margin_top:60;margin_bottom:60&#8243;][vc_column][vc_row_inner][vc_column_inner][vc_column_text]<\/p>\n<p style=\"text-align: center;\">The details of the arrangement are usually documented in a \u2018trust deed\u2019 and the assets placed in the trust are called the \u2018trust fund\u2019. There are several different types of trusts and they are each taxed according to different rules. Setting up a trust can be very complicated and it is advised that you use a solicitor to avoid costly mistakes.<br \/>\nPeople who are involved in a trust are:<\/p>\n<ul style=\"text-align: center;\">\n<li>The \u2018settlor\u2019 &#8211; the person putting assets into a trust<\/li>\n<li>The \u2018trustee\u2019 &#8211; the person in charge of managing the trust<\/li>\n<li>The \u2018beneficiary\u2019 &#8211; the person who benefits from the trust<\/li>\n<\/ul>\n<p>[\/vc_column_text][tm_spacer size=&#8221;lg:20&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_heading custom_google_font=&#8221;&#8221; text=&#8221;Settlor&#8221; font_size=&#8221;lg:30&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;The settlor makes decisions on how the assets held in trust should be used. This is usually documented in something called the \u2018trust deed\u2019. It is possible that the settlor can benefit from the assets held in trust. This is called a \u2018settlor-interested\u2019 trust and must follow special tax rules.&#8221; font_size=&#8221;lg:18&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_heading custom_google_font=&#8221;&#8221; text=&#8221;Trustee&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;lg:36&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;Trustees are the legal owners of the assets held in a trust. Their role is to manage the assets according to the settlor\u2019s wishes, which should be documented in the trust deed or their will. They should manage the trust on a day-to-day basis and pay any tax due and often, decide on how to invest or use the trust\u2019s assets in the interest of all involved. It is possible to change trustees as long as there is always one individual performing the role.&#8221; font_size=&#8221;lg:18&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_heading custom_google_font=&#8221;&#8221; text=&#8221;Beneficiaries&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;lg:36&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;There could be multiple beneficiaries of a trust; a family or group of siblings for example. They might benefit from: the income of a trust such as rental income from a property in trust, the capital from any proceeds made by the trust from investments. Sometimes beneficiaries can benefit from both the income and capital of the trust.&#8221; font_size=&#8221;lg:18&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; background_color=&#8221;secondary&#8221; overlay_background=&#8221;primary&#8221; overlay_opacity=&#8221;16&#8243; lg_spacing=&#8221;padding_top:110;padding_bottom:110&#8243;][vc_column][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_left:70&#8243; custom_background_color=&#8221;#ffffff&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner][tm_spacer size=&#8221;lg:85&#8243;][tm_heading style=&#8221;with-separator-1&#8243; custom_google_font=&#8221;&#8221; text_transform=&#8221;uppercase&#8221; align=&#8221;center&#8221; text_color=&#8221;primary&#8221; text=&#8221;OUR COMMITMENTS&#8221; font_size=&#8221;lg:14&#8243; letter_spacing=&#8221;1px&#8221;][tm_spacer size=&#8221;lg:25&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;Why Set Up A Trust?&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;sm:32;lg:36&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;Trusts are set up for many reasons which could include:&#8221; font_size=&#8221;lg:22&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_bottom:40;padding_left:70&#8243; custom_background_color=&#8221;#ffffff&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-6 vc_col-md-6&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_list columns=&#8221;xs:1;lg:1&#8243; items=&#8221;%5B%7B%22item_title%22%3A%22To%20protect%20your%20family%20assets%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20keep%20control%20of%20your%20assets%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20protect%20the%20assets%20of%20a%20minor%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20protect%20the%20assets%20of%20a%20person%20without%20capacity%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%5D&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-6 vc_col-md-6&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_list columns=&#8221;xs:1;lg:1&#8243; items=&#8221;%5B%7B%22item_title%22%3A%22To%20pass%20on%20assets%20whilst%20you%20are%20still%20alive%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20distribute%20assets%20when%20you%20die%20(a%20%E2%80%98will%20trust%E2%80%99)%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20protect%20assets%20under%20the%20rules%20of%20inheritance%20when%20someone%20dies%20without%20a%20will%20(intestate)%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%5D&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_bottom:40;padding_left:70&#8243; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; custom_background_color=&#8221;#ffffff&#8221;][vc_column_inner][vc_column_text]<span style=\"font-weight: 400;\">A trust can be especially beneficial if you are responsible for a minor with a mental health condition or learning disability and they may be unable to manage financially after you die. Trusts can also protect a person lacking capacity, who\u2019s claiming state benefits, such as Disability Living Allowance (or Personal Independence Payment), or getting cash help from their local social services department. Payments can be made to trustees who will act according to the rules of the trust.<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_top:65;padding_right:70;padding_bottom:65;padding_left:70&#8243; custom_background_color=&#8221;#fafafa&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner offset=&#8221;vc_col-md-offset-1 vc_col-md-10&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;You&#8217;re In Good Hands&#8221; font_size=&#8221;lg:24&#8243;][tm_spacer size=&#8221;lg:40&#8243;][vc_column_text]<\/p>\n<h4>Bare Trusts<\/h4>\n<p>Bare trusts are often used to pass down assets to minors. Trustees oversee them until the beneficiary is of age to do so themselves.<\/p>\n<p>Assets put in a bare trust are held under the name of a trustee until the beneficiary has the right to claim possession of all capital and income from the trust. This occurs at age 18 or over (in England and Wales), or 16 or over (in Scotland). Any assets set aside by the settlor will pass directly to the beneficiary.<\/p>\n<h4>Interest in Possession Trusts<\/h4>\n<p>This is a trust where at least one beneficiary has the right to receive an income generated by whatever is being held in the trust (if trust funds are invested in shares for example, the beneficiary could receive the profit) or the right to enjoy the trust assets for the present time in another way (such as living in a home held in trust). The beneficiary has the right to enjoy the trust property and are said to have an \u2018interest in possession\u2019. They might also be described as an \u2018income beneficiary\u2019, or \u2018life tenant\u2019.<\/p>\n<p>A trust can give the interest in possession to a beneficiary for a fixed period, for an indefinite period or as is often the case, for the rest of the beneficiary&#8217;s life. A life interest trust is the most common example of an interest in possession trust.<\/p>\n<h4>Discretionary Trusts<\/h4>\n<p>A Discretionary Trust is when money or other assets from your Estate are left in Trust which is to be managed by an appointed Trustee or Trustees, who decide which people are to become beneficiaries, when they should receive any inheritance and how.<\/p>\n<p>Depending on the terms trust deed, trustees can make decisions on:<\/p>\n<ul>\n<li>How much is paid (income or capital)<\/li>\n<li>Which beneficiary is paid<\/li>\n<li>How often payments are made<\/li>\n<li>Conditions attached to the trust regarding the beneficiaries<\/li>\n<\/ul>\n<p>Discretionary trusts are often set aside for:<\/p>\n<ul>\n<li>Future contingencies such as a grandchild who may need more financial help in the future than other beneficiaries<\/li>\n<li>Beneficiaries who are underage or lack the capacity to deal with money themselves<\/li>\n<\/ul>\n<p>A Discretionary Trust is particularly useful if you are unsure of how to distribute your Estate or if that decision would be directly influenced by other circumstances that might arise in the future such as the birth of more grandchildren or a sudden change of circumstances.<\/p>\n<h4>Accumulation Trusts<\/h4>\n<p>An accumulation trust is a trust in which the trustee does not distribute the income from the trust, but gathers the income and any profits from any sale of trust assets and holds them in the trust, until the trust expires. The specifics will stated in the creating document.<\/p>\n<h4>Mixed Trusts<\/h4>\n<p>Mixed Trusts are a mixture of different types of Trust. Some assets in a mixed Trust may be set aside as an Interest in Possession Trust. Other assets may be treated in the manner of a Discretionary Trust. These Trusts are often used for the benefit of family member beneficiaries who all reach adulthood at different times.<\/p>\n<h4>Settlor-Interested Trusts<\/h4>\n<p>Settlor-Interested Trusts are Trusts in which the settlor, or their spouse\/civil partner may benefit from the Trust. An example of this would be a Trust in which the settlor knows that at some point in the future, he or she will be incapacitated and therefore puts assets in a Trust for his or her own future care and\/or for the income of the spouse.<\/p>\n<h4>Non-Resident Trusts<\/h4>\n<p>This is a trust where the trustees are not resident in the UK for tax purposes. Tax rules concerning non-resident trusts are very complicated.<\/p>\n<p>Non-resident trusts are usually set up if:<\/p>\n<ul>\n<li>None of the trustees reside in the UK for tax purposes<\/li>\n<li>Only certain trustees reside in the UK and the settlor was one of the following:\n<ul>\n<li>not resident<\/li>\n<li>not normally resident<\/li>\n<li>domiciled in the UK when the trust was set up or funds added<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4>Parental Trusts For Children<\/h4>\n<p>As the title suggests, these are trusts set up by parents for children under 18; minors who have never been married or in a civil partnership. They\u2019re not a category of trust in their own right but will be either:<\/p>\n<ul>\n<li>A bare trust<\/li>\n<li>An interest in possession trust<\/li>\n<li>An accumulation trust<\/li>\n<li>A discretionary trust<\/li>\n<\/ul>\n<h4>Trusts For Vulnerable Beneficiaries<\/h4>\n<p>Some trusts are set up specifically to maintain vulnerable people, disabled people or children. These trusts get special tax treatment and are called <strong>\u2018Trusts for vulnerable Beneficiaries\u2019<\/strong>.<\/p>\n<h4>Who is a vulnerable beneficiary?<\/h4>\n<p>A vulnerable beneficiary is<\/p>\n<ul>\n<li>Someone under 18 whose parent has died or<\/li>\n<li>A disabled person who is eligible for any of the following benefits (whether or not they receive them):\n<ul>\n<li>Attendance Allowance (either the care component at the middle or highest rate, or the mobility component at the highest rate)<\/li>\n<li>Personal Independence Allowance<\/li>\n<li>Increased disablement pension<\/li>\n<li>Constant Attendance Allowance<\/li>\n<li>Armed Forces Independence Payment<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>A vulnerable beneficiary might not be able to manage their own finances and legal issues because of a mental health condition. A medical professional will be able to do it for you if a person\u2019s condition is covered by the Mental Health Act 1983.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column offset=&#8221;vc_col-lg-6&#8243;][vc_row_inner lg_spacing=&#8221;padding_top:60;padding_right:120;padding_bottom:120;padding_left:120&#8243; md_spacing=&#8221;padding_right:80;padding_left:80&#8243; sm_spacing=&#8221;padding_right:50;padding_left:50&#8243; xs_spacing=&#8221;padding_right:30;padding_left:30&#8243;][vc_column_inner][tm_heading custom_google_font=&#8221;&#8221; icon_type=&#8221;icomoon&#8221; icon_icomoon=&#8221;icomoon-chat-1&#8243; icon_color=&#8221;primary&#8221; text=&#8221;Frequently Asked Questions&#8221; font_size=&#8221;lg:36&#8243; icon_font_size=&#8221;lg:54&#8243;][tm_spacer size=&#8221;lg:15&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;Should you have any questions related to trusts please contact us for more info.&#8221;][tm_spacer size=&#8221;lg:40&#8243;][tm_accordion style=&#8221;3&#8243; auto_number_style=&#8221;1&#8243; items=&#8221;%5B%7B%22title%22%3A%22How%20do%20trusts%20work%3F%22%2C%22content%22%3A%22A%20trust%20enables%20a%20person%20(the%20%E2%80%98settlor%E2%80%99)%20to%20give%20assets%20to%20another%20party%20(the%20%E2%80%98trustee%E2%80%99)%20to%20look%20after%2C%20to%20benefit%20of%20one%20or%20more%20persons%20(the%20%E2%80%98beneficiaries%E2%80%99)%20in%20the%20future.%20The%20settlor%20can%20appoint%20several%20trustees%20or%20just%20one.%20They%20can%20include%20themselves.%5Cn%5CnThere%20can%20also%20be%20more%20than%20one%20beneficiary.%20They%20could%20receive%20an%20income%20from%20a%20business%20being%20held%20in%20the%20trust.%20They%20could%20receive%20capital%20which%20could%20be%20%20in%20the%20form%20of%20cash%20or%20shares.%20Or%2C%20they%20could%20receive%20both%20income%20and%20capital%20from%20the%20trust.%20Some%20beneficiaries%20may%20not%20benefit%20at%20all.%20%5Cn%5CnWhen%20setting%20up%20the%20terms%20of%20a%20trust%20(the%20%E2%80%98trust%20deed%E2%80%99)%2C%20the%20settlor%20can%20choose%20to%20keep%20control%20of%20certain%20assets%20themselves%20and%20to%20give%20the%20beneficiaries%20have%20a%20right%20to%20others.%20To%20maximise%20inheritance%20tax%20effectiveness%2C%20the%20settlor%20should%20not%20be%20a%20beneficiary%20and%20neither%20should%20their%20spouse%20or%20civil%20partner%20while%20the%20settlor%20is%20alive%5Cn%22%7D%2C%7B%22title%22%3A%22How%20much%20can%20I%20place%20in%20trust%3F%22%2C%22content%22%3A%22You%20can%20place%20any%20value%20of%20assets%20in%20trust%20but%20if%20the%20value%20exceeds%20your%20nil%20rate%20inheritance%20tax%20band%20(currently%20%C2%A3325%2C000)%20you%20may%20have%20to%20pay%20IHT%20at%20a%20rate%20of%2020%25%20on%20the%20amount%20over%20that%20%C2%A3325%2C000.%20You%20can%20make%20regular%20contributions%20into%20the%20trusts%20well%20as%20one%20off%20lump%20sums.%20Any%20Inheritance%20tax%20and%2For%20capital%20gains%20tax%20you%20have%20to%20pay%20will%20depend%20on%20the%20type%20of%20trust%20you%20have%2C%20what%20you%20contribute%20and%20its%20value.%20%22%7D%2C%7B%22title%22%3A%22Can%20trusts%20avoid%20inheritance%20tax%3F%22%2C%22content%22%3A%22If%20the%20trust%20you%20use%20is%20effective%20for%20inheritance%20tax%20purposes%20and%20certain%20criteria%20are%20met%2C%20there%20is%20a%20chance%20inheritance%20can%20be%20avoided%20or%20reduced.%20%5Cn%5CnInheritance%20tax%20should%20be%20reduced%20if%20you%20place%20assets%20into%20a%20trust%20and%20then%20live%20for%20seven%20years%20or%20more%20after%20it%20was%20made.%20After%20the%20seven%20years%20the%20sum%20total%20of%20the%20assets%20gifted%20is%20not%20liable%20for%20IHT%20and%20no%20longer%20counts%20towards%20the%20value%20of%20your%20estate.%20The%20lower%20the%20value%20of%20your%20estate%2C%20the%20lower%20the%20potential%20inheritance%20tax%20bill.%20%20If%20you%20have%20a%20life%20insurance%20policy%20which%20pays%20out%20in%20the%20event%20of%20your%20death%20IHT%20can%20be%20avoided.%20If%20the%20policy%20is%20put%20into%20a%20trust%2C%20when%20you%20die%2C%20the%20proceeds%20will%20pay%20out%20to%20the%20trust%20instead%20of%20your%20estate.%5Cn%5CnTax%20rules%20change%20regularly%20so%20having%20a%20financial%20planner%20to%20take%20care%20of%20your%20trusts%20will%20be%20beneficial.%20%5Cn%22%7D%2C%7B%22title%22%3A%22Can%20trusts%20help%20protect%20my%20assets%3F%22%2C%22content%22%3A%22Many%20trusts%20can%20be%20used%20for%20asset%20protection%20purposes.%20%20Some%20people%20have%20beneficiaries%20who%20might%20not%20be%20in%20a%20position%20to%20handle%20valuable%20assets%2C%20maybe%20because%20they%20are%20children%20or%20vulnerable%20in%20other%20ways.%20Also%2C%20big%20life%20changes%20such%20as%20a%20divorce%20or%20bankruptcy%20can%20render%20assets%20at%20risk.%20%20In%20these%20circumstances%20a%20trust%20can%20help.%5Cn%5CnIf%20your%20trustees%20are%20in%20a%20position%20to%20decide%20which%20of%20the%20potential%20beneficiaries%20should%20benefit%2C%20when%20and%20with%20how%20much%2C%20then%20the%20assets%20held%20in%20the%20trust%20should%20be%20safe%20from%20claims%20on%20matrimonial%20disputes%2C%20more%20so%20than%20if%20you%20handed%20any%20assets%20over%20outright.%20%20%5Cn%22%7D%2C%7B%22title%22%3A%22How%20do%20I%20set%20up%20a%20trust%3F%22%2C%22content%22%3A%22You%20should%20seek%20advice%20from%20a%20specialist.%20There%20are%20various%20types%20of%20trusts%20which%20alll%20have%20different%20tax%20allowances.%20Plus%20your%20trust%20should%20be%20tailored%20to%20match%20your%20aims%20and%20objectives.%20%20It%20also%20depends%20on%20what%20you%20intend%20to%20put%20into%20the%20trust%2C%20what%20the%20tax%20consequences%20would%20be%20and%20who%20you%20name%20as%20the%20beneficiaries%20and%20trustees.%20%20%5Cn%22%7D%2C%7B%22title%22%3A%22Can%20a%20beneficiary%20also%20be%20a%20trustee%3F%22%2C%22content%22%3A%22Yes%3A%20although%20appointing%20a%20beneficiary%20as%20a%20trustee%20could%20create%20a%20conflict%20of%20interest%20if%20that%20person%20was%20thought%20to%20be%20using%20their%20position%20to%20influence%20the%20other%20trustees%20for%20their%20own%20gain.%20It%20is%20advisable%20that%20the%20two%20roles%20don%E2%80%99t%20mix%20or%20at%20the%20very%20least%20a%20solicitor%20is%20appointed%20appointed%20as%20well%2C%20to%20provide%20independent%20and%20impartial%20advice.%5Cn%22%7D%2C%7B%22title%22%3A%22Can%20a%20trustee%20be%20held%20responsible%20for%20any%20mistakes%3F%22%2C%22content%22%3A%22Yes.%20Anyone%20acting%20as%20a%20trustee%20needs%20to%20be%20mindful%20of%20the%20risk%20they%20are%20taking%20on.%20If%20a%20trustee%20does%20something%20other%20than%20perform%20the%20duties%20specified%20in%20the%20trust%20deed%2C%20then%20they%20can%20be%20held%20liable%20for%20any%20loss%20or%20damages%20suffered%20as%20a%20result.%20Trustees%2C%20especially%20those%20of%20family%20trusts%2C%20should%20seek%20professional%20advice%20in%20order%20to%20fully%20understand%20their%20obligations%20and%20to%20ensure%20that%20they%20manage%20the%20trust%20fund%20properly%20and%20protect%20themselves%20from%20personal%20liability.%5Cn%22%7D%5D&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column offset=&#8221;vc_col-lg-6&#8243;][vc_row_inner equal_height=&#8221;yes&#8221; background_color=&#8221;primary&#8221; gutter=&#8221;lg:0&#8243;][vc_column_inner width=&#8221;1\/2&#8243; background_image=&#8221;134&#8243; background_position=&#8221;center center&#8221; xs_spacing=&#8221;padding_top:500&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; background_size=&#8221;auto&#8221; lg_spacing=&#8221;padding_top:80;padding_right:60;padding_bottom:77;padding_left:60&#8243; background_image=&#8221;223&#8243; background_position=&#8221;right 45px bottom 45px&#8221;][tm_heading custom_google_font=&#8221;&#8221; text_color=&#8221;custom&#8221; custom_text_color=&#8221;#ffffff&#8221; text=&#8221;Who Can Be My Trustees?&#8221; font_size=&#8221;lg:36&#8243;][tm_spacer size=&#8221;lg:26&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text_color=&#8221;custom&#8221; custom_text_color=&#8221;#ffffff&#8221; text=&#8221;It is up to you to choose people who you want to act as your trustees. Quite often they will be family members or close friends who can be trusted with your affairs. You should put a lot of consideration into deciding who to ask. Also, it is important that you ensure that they are happy to take on the responsibility.<br \/>\nYou should name at least two trustees, but no more than three or four. There are companies who can act as trustees. These could be banks or a firm of solicitors , however they will charge a fee to do so.&#8221;][tm_spacer size=&#8221;lg:120&#8243;][tm_button color=&#8221;custom&#8221; button_bg_color=&#8221;custom&#8221; font_color=&#8221;secondary&#8221; button_border_color=&#8221;custom&#8221; button_icon_color=&#8221;&#8221; button_bg_color_hover=&#8221;secondary&#8221; font_color_hover=&#8221;custom&#8221; button_border_color_hover=&#8221;secondary&#8221; button_icon_color_hover=&#8221;&#8221; button=&#8221;url:%2Fwhat-is-contentious-probate%2F|title:Find%20Out%20More|target:%20_blank|&#8221; custom_button_bg_color=&#8221;#ffffff&#8221; custom_button_border_color=&#8221;#ffffff&#8221; custom_font_color_hover=&#8221;#ffffff&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; overlay_background=&#8221;primary&#8221; overlay_opacity=&#8221;16&#8243; lg_spacing=&#8221;padding_top:110;padding_bottom:110&#8243; background_image=&#8221;185&#8243;][vc_column][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_left:70&#8243; custom_background_color=&#8221;#ffffff&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner][tm_spacer size=&#8221;lg:85&#8243;][tm_heading style=&#8221;with-separator-1&#8243; custom_google_font=&#8221;&#8221; text_transform=&#8221;uppercase&#8221; align=&#8221;center&#8221; text_color=&#8221;primary&#8221; text=&#8221;OUR COMMITMENTS&#8221; font_size=&#8221;lg:14&#8243; letter_spacing=&#8221;1px&#8221;][tm_spacer size=&#8221;lg:25&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;How Much Does It Cost To Set Up A Trust?&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;sm:32;lg:36&#8243;][tm_spacer size=&#8221;lg:70&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_bottom:40;padding_left:70&#8243; custom_background_color=&#8221;#ffffff&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner offset=&#8221;vc_col-lg-12 vc_col-md-12&#8243;][vc_column_text]<\/p>\n<p class=\"p1\" style=\"text-align: center;\">If you Instruct a solicitor to set up a trust for you, it can typically cost around \u00a31,000, sometimes more. However, a solicitor is highly advisable as it ensures that you avoid costly mistakes further down the line. If a legal professional carries out the paperwork, there will be no ambiguous or misleading information contained. There are certain charities that run schemes whereby contributions are made towards the costs for parents setting up a trust for a disabled child.<\/p>\n<p>[\/vc_column_text][tm_spacer size=&#8221;lg:30&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_top:65;padding_right:70;padding_bottom:65;padding_left:70&#8243; custom_background_color=&#8221;#fafafa&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner offset=&#8221;vc_col-md-offset-1 vc_col-md-10&#8243;][tm_heading tag=&#8221;p&#8221; custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; font_size=&#8221;lg:20&#8243; text=&#8221;Trusts are a small part of planning your financial future for both yourself and your family. We have comprehensive guides on future planning.&#8221;][tm_spacer size=&#8221;lg:40&#8243;][tm_contact_form_7 id=&#8221;805&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; background_color=&#8221;custom&#8221; lg_spacing=&#8221;padding_top:115;padding_bottom:115&#8243; custom_background_color=&#8221;#f7f7f7&#8243;][vc_column][tm_heading style=&#8221;with-separator-1&#8243; custom_google_font=&#8221;&#8221; text_transform=&#8221;uppercase&#8221; align=&#8221;center&#8221; text_color=&#8221;primary&#8221; text=&#8221;Probate News and Advice&#8221; font_size=&#8221;lg:14&#8243; letter_spacing=&#8221;1px&#8221;][tm_spacer size=&#8221;lg:25&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;Latest Trust Articles&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;lg:36&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;Read the most popular news and articles relating to trusts and articles containing useful help and information.&#8221; font_size=&#8221;lg:18&#8243; max_width=&#8221;770px&#8221;][tm_spacer size=&#8221;lg:70&#8243;][tm_blog style=&#8221;carousel_01&#8243; carousel_nav=&#8221;2&#8243; carousel_gutter=&#8221;60&#8243; number=&#8221;9&#8243; carousel_items_display=&#8221;xs:1;sm:2;md:3;lg:3&#8243;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; lg_spacing=&#8221;padding_top:115;padding_bottom:115&#8243; background_image=&#8221;1393&#8243; el_id=&#8221;section-services&#8221; background_position=&#8221;center center&#8221;][vc_column][tm_heading tag=&#8221;h1&#8243; custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;What Is A Trust?&#8221; max_width=&#8221;770px&#8221; font_size=&#8221;lg:36&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;A trust is the formal transfer of assets, whether it be property, shares or cash, to another, whether it be an individual or a small group of people. It can also be made to a trust company with directions to hold the assets for the benefit of others.&#8221; font_size=&#8221;lg:18&#8243; max_width=&#8221;770px&#8221;][tm_spacer size=&#8221;lg:70&#8243;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; background_color=&#8221;custom&#8221; custom_background_color=&#8221;#eeeeee&#8221; lg_spacing=&#8221;padding_bottom:110&#8243;][vc_column][vc_row_inner lg_spacing=&#8221;margin_top:-135&#8243;][vc_column_inner width=&#8221;1\/3&#8243;][tm_box_icon style=&#8221;7&#8243; align=&#8221;center&#8221; button_color=&#8221;secondary&#8221; background_color=&#8221;primary&#8221; image=&#8221;2561&#8243; heading=&#8221;Inheritance Tax&#8221; text=&#8221;Set up a trust and you could save a vast amount on inheritance tax in the future. Your family will directly benefit, maintaining more of your estate and asset value.&#8221; button=&#8221;url:%2Finheritance-tax-iht%2F|title:More%20Details||&#8221; link=&#8221;url:%2Finheritance-tax-iht%2F|title:Inheritance%20Tax||&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_box_icon style=&#8221;7&#8243; align=&#8221;center&#8221; button_color=&#8221;secondary&#8221; background_color=&#8221;primary&#8221; image=&#8221;2562&#8243; heading=&#8221;Costs&#8221; text=&#8221;The cost of setting up a trust can greatly outweigh the amount of inheritance tax due. Careful planning can ensure your family keep as much of your assets as possible.&#8221; button=&#8221;url:%2Fwhat-is-wealth-management-estate-planning%2F|title:More%20Details||&#8221; link=&#8221;url:%2Fwhat-is-wealth-management-estate-planning%2F|title:What%20Is%20Wealth%20Management%20%2F%20Estate%20Planning||&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_box_icon style=&#8221;7&#8243; align=&#8221;center&#8221; button_color=&#8221;secondary&#8221; background_color=&#8221;primary&#8221; image=&#8221;2563&#8243; heading=&#8221;Why A Trust&#8221; text=&#8221;Quite simply you and your family can be saved a lot of stress, time and money. Trusts help avoid probate, manage assets, protect from creditors and tax related issues.&#8221; button=&#8221;url:%2Fwhy-set-up-a-trust%2F|title:More%20Details||&#8221; link=&#8221;url:%2Fwhy-set-up-a-trust%2F|title:What%20Is%20Wealth%20Management%20%2F%20Estate%20Planning||&#8221;][\/vc_column_inner][\/vc_row_inner][vc_column_text] Don&#8217;t hesitate, contact us if you are unsure of the service you need or just need some help and advice.\u00a0Contact Us [\/vc_column_text][\/vc_column][\/vc_row][vc_row lg_spacing=&#8221;margin_top:60;margin_bottom:60&#8243;][vc_column][vc_row_inner][vc_column_inner][vc_column_text] The details of the arrangement are usually documented in a \u2018trust deed\u2019 and the assets placed in the trust are called the \u2018trust fund\u2019. There are several different types of trusts and they are each taxed according to different rules. Setting up a trust can be very complicated and it is advised that you use a solicitor to avoid costly mistakes. People who are involved in a trust are: The \u2018settlor\u2019 &#8211; the person putting assets into a trust The \u2018trustee\u2019 &#8211; the person in charge of managing the trust The \u2018beneficiary\u2019 &#8211; the person who benefits from the trust [\/vc_column_text][tm_spacer size=&#8221;lg:20&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_heading custom_google_font=&#8221;&#8221; text=&#8221;Settlor&#8221; font_size=&#8221;lg:30&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;The settlor makes decisions on how the assets held in trust should be used. This is usually documented in something called the \u2018trust deed\u2019. It is possible that the settlor can benefit from the assets held in trust. This is called a \u2018settlor-interested\u2019 trust and must follow special tax rules.&#8221; font_size=&#8221;lg:18&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_heading custom_google_font=&#8221;&#8221; text=&#8221;Trustee&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;lg:36&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;Trustees are the legal owners of the assets held in a trust. Their role is to manage the assets according to the settlor\u2019s wishes, which should be documented in the trust deed or their will. They should manage the trust on a day-to-day basis and pay any tax due and often, decide on how to invest or use the trust\u2019s assets in the interest of all involved. It is possible to change trustees as long as there is always one individual performing the role.&#8221; font_size=&#8221;lg:18&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][tm_heading custom_google_font=&#8221;&#8221; text=&#8221;Beneficiaries&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;lg:36&#8243;][tm_heading tag=&#8221;div&#8221; custom_google_font=&#8221;&#8221; text=&#8221;There could be multiple beneficiaries of a trust; a family or group of siblings for example. They might benefit from: the income of a trust such as rental income from a property in trust, the capital from any proceeds made by the trust from investments. Sometimes beneficiaries can benefit from both the income and capital of the trust.&#8221; font_size=&#8221;lg:18&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; background_color=&#8221;secondary&#8221; overlay_background=&#8221;primary&#8221; overlay_opacity=&#8221;16&#8243; lg_spacing=&#8221;padding_top:110;padding_bottom:110&#8243;][vc_column][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_left:70&#8243; custom_background_color=&#8221;#ffffff&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner][tm_spacer size=&#8221;lg:85&#8243;][tm_heading style=&#8221;with-separator-1&#8243; custom_google_font=&#8221;&#8221; text_transform=&#8221;uppercase&#8221; align=&#8221;center&#8221; text_color=&#8221;primary&#8221; text=&#8221;OUR COMMITMENTS&#8221; font_size=&#8221;lg:14&#8243; letter_spacing=&#8221;1px&#8221;][tm_spacer size=&#8221;lg:25&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;Why Set Up A Trust?&#8221; max_width=&#8221;470px&#8221; font_size=&#8221;sm:32;lg:36&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;Trusts are set up for many reasons which could include:&#8221; font_size=&#8221;lg:22&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_bottom:40;padding_left:70&#8243; custom_background_color=&#8221;#ffffff&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-6 vc_col-md-6&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_list columns=&#8221;xs:1;lg:1&#8243; items=&#8221;%5B%7B%22item_title%22%3A%22To%20protect%20your%20family%20assets%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20keep%20control%20of%20your%20assets%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20protect%20the%20assets%20of%20a%20minor%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20protect%20the%20assets%20of%20a%20person%20without%20capacity%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%5D&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243; offset=&#8221;vc_col-lg-6 vc_col-md-6&#8243;][tm_spacer size=&#8221;lg:30&#8243;][tm_list columns=&#8221;xs:1;lg:1&#8243; items=&#8221;%5B%7B%22item_title%22%3A%22To%20pass%20on%20assets%20whilst%20you%20are%20still%20alive%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20distribute%20assets%20when%20you%20die%20(a%20%E2%80%98will%20trust%E2%80%99)%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%2C%7B%22item_title%22%3A%22To%20protect%20assets%20under%20the%20rules%20of%20inheritance%20when%20someone%20dies%20without%20a%20will%20(intestate)%22%2C%22icon_type%22%3A%22fontawesome5%22%7D%5D&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_right:70;padding_bottom:40;padding_left:70&#8243; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; custom_background_color=&#8221;#ffffff&#8221;][vc_column_inner][vc_column_text]A trust can be especially beneficial if you are responsible for a minor with a mental health condition or learning disability and they may be unable to manage financially after you die. Trusts can also protect a person lacking capacity, who\u2019s claiming state benefits, such as Disability Living Allowance (or Personal Independence Payment), or getting cash help from their local social services department. Payments can be made to trustees who will act according to the rules of the trust.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner background_color=&#8221;custom&#8221; lg_spacing=&#8221;margin_right:0;margin_left:0;padding_top:65;padding_right:70;padding_bottom:65;padding_left:70&#8243; custom_background_color=&#8221;#fafafa&#8221; sm_spacing=&#8221;padding_right:30;padding_left:30&#8243; xs_spacing=&#8221;padding_right:15;padding_left:15&#8243;][vc_column_inner offset=&#8221;vc_col-md-offset-1 vc_col-md-10&#8243;][tm_heading custom_google_font=&#8221;&#8221; align=&#8221;center&#8221; text=&#8221;You&#8217;re In Good Hands&#8221; font_size=&#8221;lg:24&#8243;][tm_spacer size=&#8221;lg:40&#8243;][vc_column_text] Bare Trusts Bare trusts are often used to pass down assets to minors. Trustees oversee them until the beneficiary is of age to do so themselves. Assets put in a bare trust are held under the name of a trustee until the beneficiary has the right to claim possession of all capital and income from the trust. This occurs at age 18 or over (in England and Wales), or 16 or over (in Scotland). Any assets set aside by the settlor will pass directly to the beneficiary. Interest in Possession Trusts This is a trust where at least one beneficiary has the right to receive an income generated by whatever is being held in the trust (if trust funds are invested in shares for example, the beneficiary could receive the profit) or the right to enjoy the trust assets for the present time in another way (such as living in a home held in trust). The beneficiary has the right to enjoy the trust property and are said to have an \u2018interest in possession\u2019. They might also be described as an \u2018income beneficiary\u2019, or \u2018life tenant\u2019. A trust can give the interest in possession to a beneficiary for a fixed period, for an indefinite period or as is often the case, for the rest of the beneficiary&#8217;s life. A life interest trust is the most common example of an interest in possession trust. Discretionary Trusts A Discretionary Trust is when money or other assets from your Estate are left in Trust which is to be managed by an appointed Trustee or Trustees, who decide which people are to become beneficiaries, when they should receive any inheritance and how. Depending on the terms trust deed, trustees can make decisions on: How much is paid (income or capital) Which beneficiary is paid How often payments are made Conditions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/pages\/2446"}],"collection":[{"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/comments?post=2446"}],"version-history":[{"count":0,"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/pages\/2446\/revisions"}],"wp:attachment":[{"href":"https:\/\/simply-wills.com\/wp-json\/wp\/v2\/media?parent=2446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}