Private Family Trust

[Buffy1973]

Hi all, I have been thinking about putting all my belongings into trust as I am having a pretty bad time at the moment with bailiffs and DCA's. I have found a template online and it seems to be what I'm looking for in order to protect my belongings and those of my husband and our 18 year old daughter. I will need to adapt it slightly to meet my needs, however, it looks the business, so I thought I would post a link here so everyone else can get to it. Apologies if it has already been posted.

http://www.universalcommunitytrust.net/ ... ation.html

[AngelaMD]

Looks good but then I don't know much about trusts as yet

[Buffy1973]

Me neither, Angela, however, I am learning. From what I have gathered so far, this template seems spot on.

[tayga]

That's the way to go, Buffy, and what I'm also planning. You can find related useful information on Michael of Elmet's site:

http://freetheplanet.net/

[ceylon]

its michael of benicary not elmet he is from nottingham
there is a post on here where i have posted 8 or 9 templates for trusts

[tayga]

its michael of benicary not elmet he is from nottingham
there is a post on here where i have posted 8 or 9 templates for trusts

Sorry to both. Thanks for the correction, Ceylon.

[ceylon]

http://www.getoutofdebtfree.org/forum/v ... 10&t=35819

[thealchemist]

I was thinking about doing this, but when I contacted 2 separate solicitors I was told point blank that putting my property into trust would NOT protect me, I wonder if anyone could clarify on this as I am having a real hard time dealing with this issue.

I am not particularly sure of the implications of putting my house into trust, due to a mental health illness I kind of have to have everything explained in laymans terms to grasp it all.

[Buffy1973]

I was thinking about doing this, but when I contacted 2 separate solicitors I was told point blank that putting my property into trust would NOT protect me, I wonder if anyone could clarify on this as I am having a real hard time dealing with this issue.

I am not particularly sure of the implications of putting my house into trust, due to a mental health illness I kind of have to have everything explained in laymans terms to grasp it all.

Not sure on this, it's something I am only just scratching the surface of myself, however, I would have thought that, due to your illness, the Solicitors you approached would have advised you to put your assets into trust.

[ceylon]

get the book "The art of passing the buck the secrets of wills and trustsby charles arthur isbn 978-0-6151-5288-2
the best way to get it is to educate yourself