The main reason for making a Discretionary Trust Will is to save on Inheritance Tax. By making a Will written under a discretionary Trust you hcan save up to £110,000 in Inheritance Tax with little or no downside.
One of the easiest ways to make a Discretionary Trust Will is Online.
You can now make a Discretionary Trust Will Online at various websites.
Having looked at most of the offerings available, the BEST BY FAR can be found at Tenminutewill.co.uk
If you want to go direct to their Online Discretionary Will page click here
TenminuteWill.co.uk is not the cheapest provider (its marginally more expensive than the really cheap ones) BUT it offers far more than the cheap providers can. There are numerous reasons why it is the best of the Online Will providers but the most important are:-
- It is solicitor checked - vital to ensure you don’t make a mistake.
- You can make FREE updates an changes in the future. Most of the cheaper providers will charge you to make these changes.
- You can print it off immediatley - no waiting around.
- Offers Power of Attorney if required.
- Offers binding service if required.
Visit their home page here
Go direct to their Discretionary Trust Page here