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Tuesday, June 17, 2025
Cumberland and Westmorland Herald
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    Penrith man admits possessing cannabis twice with intent to supply

    Penrith man admits possessing cannabis twice with intent to supply

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    Risks and strategies for flexible pension drawdown

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    Man arrested after fleeing from police in Penrith

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    £37.7 million to tackle potholes and upgrade roads

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    Over £38,000-worth of fake goods seized at Appleby Horse Fair

    New bid for Appleby stallion sculpture revealed

    New bid for Appleby stallion sculpture revealed

    18th century Eden pub sold as owners retire

    18th century Eden pub sold as owners retire

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    Tebay’s plans for battery storage unit

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    Pub landlord must remove Covid canopy

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    Double national triumph for Stuart Robinson

    Double national triumph for Stuart Robinson

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    Patterdale’s Eden Eagles make history

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    Penrith teen crowned British vault champion

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    Penrith gymnasts represent North of England in finals

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    New boss revealed for Penrith AFC

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    Penrith Panthers celebrate winning season

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    Darren Edmondson leaves Penrith AFC

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    Lucy plays key role in county T20 triumph

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    Gold for Keith in annual festival of orienteering

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Cumberland and Westmorland Herald
  • News
    Penrith man admits possessing cannabis twice with intent to supply

    Penrith man admits possessing cannabis twice with intent to supply

    Risks and strategies for flexible pension drawdown

    Risks and strategies for flexible pension drawdown

    Man arrested after fleeing from police in Penrith

    Man arrested after fleeing from police in Penrith

    £37.7 million to tackle potholes and upgrade roads

    £37.7 million to tackle potholes and upgrade roads

    Over £38,000-worth of fake goods seized at Appleby Horse Fair

    Over £38,000-worth of fake goods seized at Appleby Horse Fair

    New bid for Appleby stallion sculpture revealed

    New bid for Appleby stallion sculpture revealed

    18th century Eden pub sold as owners retire

    18th century Eden pub sold as owners retire

    Tebay’s plans for battery storage unit

    Tebay’s plans for battery storage unit

    Pub landlord must remove Covid canopy

    Pub landlord must remove Covid canopy

  • Sport
    Double national triumph for Stuart Robinson

    Double national triumph for Stuart Robinson

    Patterdale’s Eden Eagles make history

    Patterdale’s Eden Eagles make history

    Penrith teen crowned British vault champion

    Penrith teen crowned British vault champion

    Penrith gymnasts represent North of England in finals

    Penrith gymnasts represent North of England in finals

    New boss revealed for Penrith AFC

    New boss revealed for Penrith AFC

    Penrith Panthers celebrate winning season

    Penrith Panthers celebrate winning season

    Darren Edmondson leaves Penrith AFC

    Darren Edmondson leaves Penrith AFC

    Lucy plays key role in county T20 triumph

    Lucy plays key role in county T20 triumph

    Gold for Keith in annual festival of orienteering

    Gold for Keith in annual festival of orienteering

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Home Sponsored
This article appears as part of a paid partnership with Burnetts

Has the bank of mum and dad been called upon again? Now is the time to take some ‘trust’ worthy advice

by CWH
25 March 2021
in Sponsored
A A
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Since the beginning of the coronavirus pandemic, the financial position for many has become increasingly difficult.

Understandably, this has resulted in family members needing support – enter the bank of mum and dad.

A recent report by SAGA notes that 21 per cent of over-50s with children over the age of 18 have increased the level of financial support they have had to provide since the start of the pandemic.

Did those families know the process might have more effectively been achieved if they had taken time to consider investing in a trust?

Whilst trusts were once considered only for the wealthy and landed, they are an incredibly useful tool in enabling families to support one another.

Many of us need to consider the costs involved for our nearest and dearest to go to university, to purchase a property or to invest in a business.

Trusts can be an excellent vehicle to protect family assets and inherited wealth for the next generation.

When used appropriately, they may also be used to help mitigate inheritance tax.

If set up in the correct way, trusts can be very useful for families from any background to protect family assets and handle finances for the future.

They can then be effective and managed easily in the long term, proving to be a valuable instrument to meet the various needs of each family.

In many ways, trusts are an integral part of the legal system in England and Wales.

They are certainly not something to be feared, but with careful and considered advice, we at Burnetts can help you to manage your family wealth for your family needs.

We all want to know that the bank of mum and dad will be there for generations to come.

If you would like to know more about setting up a trust, please contact us and a member of our trusts team will be happy to assist.

Contact Emma Baker on 01768 800855 or Rachael Stephenson on 01228 552222 for more information.

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Tebay’s plans for battery storage unit

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13 June 2025
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Over £38,000-worth of fake goods seized at Appleby Horse Fair

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