In this episode of Listen Without Prejudice, Nicholas Barlow, Head of the Private Client Team at Bishop & Sewell, is joined by Ben Williamson, Senior Associate, to explore the many ways trusts can be used within wills to provide protection, clarity, and peace of mind for families.

Whether you're a parent concerned about safeguarding your children's inheritance, part of a blended family navigating complex property arrangements, or looking to ensure long-term protection for vulnerable beneficiaries, this episode is packed with expert advice and practical insights.

Nicholas and Ben delve into the types of trusts typically used in wills — from simple age contingencies to sophisticated discretionary structures — and discuss their benefits, inheritance tax considerations, and flexibility. They also unpack real-world scenarios involving property ownership, remarriage, mortgages, vulnerable beneficiaries, and cross-generational estate planning.

This episode is essential listening for anyone thinking about how best to structure their estate to ensure their loved ones are protected — now and into the future.

Chapter Markers:

(01:45) Why Age Contingencies Are Technically Trusts

(03:00) Choosing the Right Trustee

(04:45) Inheritance Tax Implications for Spouses

(06:00) The Role of Joint Tenants vs. Tenants in Common

(08:30) Managing Mortgages and Liabilities

(12:30) Letters of Wishes: Their Importance and Benefits

(13:30) Discretionary Trusts for Complex Family Needs

(15:45) Final Thoughts: Importance of Legal Advice

Useful Links:

Connect with Nicholas Barlow on LinkedIn

Reach out to Ben Williamson on LinkedIn

Visit the Bishop & Sewell Website