The uneasy rumblings regarding Universal Trustees Limited (also known as Universal Wealth Preservation, Universal Tax Solutions and Universal Asset Protection Ltd) have been growing louder and louder over recent months. We have been dealing with a number of clients who have set up trusts with this company or had Wills written with them including assisting in dealing with trusts and in regaining control of assets including their family homes.
As BBC Radio 4’s Money Box Programme made clear, Universal were an unregulated company which leaves their clients much more exposed than the clients of solicitors firms because the latter are strongly regulated.
Universal Asset Protection has now gone into compulsory liquidation, its trade premises have been closed for several months and the website has been taken down. Clients of the company have received no response to their correspondence from Universal regarding their trusts or their documents. If you are a client of Universal then you need to act now. Take independent legal advice and consider your options in regaining control of your assets and your documents.
Coole Bevis’ specialist trust adviser Alex Bowers can review your trust and Will arrangements and advise you as to your options. Call 01273 722532 or email info@coolebevisllp.com to set up a consultation.
Lanes End House
15 Prince Albert Street
Brighton
BN1 1HY
t. 01273 323231
f. 01273 820350
info@coolebevisllp.com
14 Carfax
Horsham
West Sussex
RH12 1DZ
t. 01403 210200
f. 01403 241275
info@coolebevisllp.com
79 Church Road
Hove
East Sussex
BN3 2BB
t. 01273 722532
f. 01273 326347
info@coolebevisllp.com
5 The Steyne
Worthing
West Sussex
BN11 3DT
t. 01903 213511
f. 01903 237053
info@coolebevisllp.com