Will with Distribution to Pilot Trust

£150.00 GBP

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A Will with Distribution to Pilot Trust is a type of estate planning strategy that allows individuals to maintain control over how their assets are distributed after their death.

Under this approach, the Will directs that a portion of the estate is to be distributed to a Pilot Trust rather than directly to the beneficiaries. The Pilot Trust is designed to hold and manage the assets for the benefit of the beneficiaries, allowing the trustee to make distributions according to the terms set out in the trust agreement.

One of the primary advantages of using a Pilot Trust is that it can provide increased flexibility and control over the distribution of assets. For example, the trustee can make distributions based on the individual needs and circumstances of each beneficiary, rather than distributing the assets equally.

Another advantage of using a Pilot Trust is that it can provide protection from creditors and other potential threats to the assets. By keeping the assets in the trust rather than distributing them directly to the beneficiaries, the assets can be shielded from potential risks such as lawsuits, bankruptcy, or divorce.