The Wilton’s Trust

Wilton’s Trust is a legal arrangement where a person (the settlor) designates assets to be managed by a trustee for the benefit of specific individuals or organizations (beneficiaries). The trust ensures assets are handled responsibly, according to the settlor’s wishes, often providing income or support over time. It separates legal ownership from beneficial enjoyment, offering advantages like asset protection and estate planning. Trusts can be flexible to meet various needs, such as caregiving, inheritance, or charitable purposes, and they are governed by specific legal terms outlined in the trust document.