Protector Will Services
Our Protector will service covers the most common circumstances for people needing a will. It allows you to set out precisely who you want to leave which of your assets to. It allows you to appoint a Guardian to look after any children and also to set out any funeral wishes you may have.
Details
- Decide who gets what – leave gifts to friends, relatives or charities.
- Appoint a Guardian to take responsibility for any children.
- Set out any funeral wishes
- Appoint the person you wish to carry out your will.
- Free lifetime storage
(many firms charge an annual fee for this service). - Free signing service Mon-Sat (we provide independent witnesses to ensure your will is valid).
Understanding the Role of a Protector in Trusts
A trust is a legal arrangement where a settlor transfers assets to a trustee, who manages them for the benefit of the beneficiary. A protector is the one who will ensure that the trust operates according to the wishes.
Key Roles in a Trust:
The settlor: The individual who establishes the trust and provides the assets.
Trustee: The person or entity responsible for the administration of the trust, managing its assets, and ensuring the terms of the trust are followed.
Beneficiary: The person or people who benefit from the trust's assets or income.
Protector: An appointed individual who oversees the trustee's actions, ensuring they align with the settlor's wishes.
All of our Wills are tailored by expert lawyers to your particular circumstances. Although this kind of will is often referred to by law firms as a ‘standard’ or ‘simple’ will – it requires real expertise to ensure it is properly prepared. Many of our lawyers are members of the Society For Trusts and Estate Practitioners – the professional association for lawyers who specialise in this kind of work and they are professional service providers regarding wills and probate. This expertise matters – many Wills end up not being valid due to mistakes or fail to actually reflect what the person wanted to happen. The Protector will is the same type of will that many law firms often refer to as ‘standard’ or ‘simple’ will.
As well as individual Protector wills, we offer a special ‘mirror wills’ package for couples where you each need a will but want them to, essentially, say the same thing.
Why Appoint a Protector?
A protector provides an extra layer of control over the trust. Its their responsibility to ensure that trust act in a way that best interest of the beneficiaries.
To check that this is the right product for you and for details of your local QualitySolicitors office and pricing use our Wills assistant.
Expert legal advice you can rely on:
Have a question or need some help? Call 0808 274 7557
Click here to get in touchWe have more specific information on:
Protector
- Decide who gets what – leave gifts to friends, relatives or charities.
- Appoint a Guardian to take responsibility for any children.
- Set out any funeral wishes
- Appoint the person you wish to carry out your will.
- Free lifetime storage
(many firms charge an annual fee for this service). - Free signing service Mon-Sat (we provide independent witnesses to ensure your will is valid).
Protector Plus
- Everything in a standard will plus address more complex issues.
- Give a gift (e.g. your house) to a person for their lifetime only.
- Stop a child receiving a gift until they turn a specific age, e.g. 21.
- Exclude people who would normally expect to be included (e.g. wife/husband or children).
- Provide for on-going care of a person with a disability.
Financial Protector
- If you have assets (including property) over the Inheritance Tax threshold (currently £325,000) you may benefit from more detailed advice on how to minimise the tax paid through your will. If you own a business this may also be a more suitable option for you.
- Our lawyers are experts in structuring your will to maximise the assets left to your friends and family, potentially saving you many thousands of pounds.