Support our work Gifts in wills Discretionary Trusts Discretionary Trusts A discretionary trust is a legal arrangement which allows you to distribute what you own for the benefit of friends or family. When set up as part of a will, it can be a useful way to pass on money and property, especially if you have family members with additional needs. It can also provide peace of mind knowing that loved ones will be looked after once you have gone. In short it is a way of giving money to someone, while still maintaining some control over that money, so ensuring it is used sensibly in a way that will provide ongoing financial benefit. Why might this be a good idea for me and my family? If you are caring for someone with a disability or impairment, who may not be able to take care of themselves or fully understand the value of any money they have been left, you may be concerned about how they will be cared for in the event of your death. A discretionary trust when included as part of a will, is a way of providing for that person after your death, as the control of the funds is looked after by trustees appointed by you. If you think this type of trust is right for you, we would advise you to talk to a solicitor for more details as it is important that a trust of this kind is set up correctly. Download our information sheet on Discretionary Trusts here. Contact us Please contact Sarah Greenwood, Legacy Fundraiser for more information:Telephone: 01883 744664Email: [email protected] The opportunities for students at Orpheus are simply life changing. Be a part of our legacy by leaving a gift in your will.