Family Trusts etc for Dummies

[jessa46]

Thank you all for the replies. I should have been clearer - it's in case something does happen to me and I become either incapacited or worse, which is why I was looking at the business or trust idea. My estate could potentially be at the 625k mark (includes the sum I inherited), dependant on house...

[jessa46]

I've attempted to read through online info about family trusts v setting up a 'business' for tax purposes but it goes over my head. I've an appointment with my solicitor very soon to discuss. He said that there were a 'few ways' to protect my estate. I wanted to read up as much as I can beforehand so...