Trusts are one of the oldest methods for protecting assets and beneficiaries, and can offer greater estate planning flexibility and protection than a Will, allowing you to enjoy the benefits of your assets without the complication of actually owning them.
In simple terms, setting up a trust entails transferring ownership of your assets to trustees who become the new legal owners, holding in trust the assets for your named beneficiaries. This whole arrangement is governed by the Trust Deed, which is of vital importance to the trust establishment process.
By and large, the success of your trust will depend on how well it has been designed to meet your needs. We can help you establish an asset protection plan that takes into account not only your reasons for setting up a trust but also the implications this has for your Will and other estate and investment plans.
