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                        <h3>What is it?</h3>

                        <div class="panel">

                           <p>A trust is an arrangement  that makes sure the legal ownership of certain assets is transferred by you,  &lsquo;settlor&rsquo;, to a trustee to be held for the benefit of your select  beneficiaries.</p>

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                     </li>

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                        <h3>What does it offer me?</h3>

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                         <strong> Helps you preserve family wealth and facilitates intergenerational wealth transfer:</strong>

                          <ul><li>Creating a trust ensures that wealth accumulated over a lifetime is not divided up amongst your beneficiaries after you have passed on, but is retained as one fund to accumulate further wealth. This means that the funds will have provision for payments to members of the family as the need arises while preserving some funds to continue to grow.

</li></ul>

<strong>You get to avoid the expense and delay of probate (legal confirmation process):</strong> <ul><li>

By establishing a trust, probate processes and the expenses related to it can be avoided (in relation to assets held in trust). This is because the fact of death will have no effect on the trust property which will continue to be held and managed by the trustee or as directed by you, the settlor, in accordance with the terms of the trust.

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Estate plan: 

 <ul><li>

Your wishes are carried out as per your request and in the case of a living trust, you will receive firsthand experience of how your wishes are adhered to.

</li></ul>

<strong>Asset protection:</strong>

 <ul><li>

The existence of a trust protects your assets from your creditors, provided that the transfer of assets into the trust is not made to put the assets beyond the reach of known creditors. Trusts can also be used to preserve your wealth from unscrupulous business partners, immature family members or untrustworthy executors after you pass on.

</li></ul>

<strong>Confidentiality:</strong>

 <ul><li>Trusts assist in keeping the details of your assets confidential.

</li><li>Probate is often a public procedure. State authorities need a complete list of the assets owned by the deceased so the property can be assessed for estate duty and transferred to the beneficiaries as stated in the will. This procedure is therefore entirely unsuitable if you wish to keep details of your assets confidential.

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                        <h3>For more information</h3>

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                        <p>  Contact us for a discussion, to determine what you need and the trust structure that will be appropriate.<br />

You can appoint us as trustees for your trust by putting it in writing.</p> 

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                     </li>

                  

                  </ul>

<ul class="linkList">

               <li><a href="privateTrust_willsService.html">What is it?</a></li>

                <li><a href="privateTrust_willsService.html">What does it offer me? </a></li>

                <li><a href="privateTrust_willsService.html">What do I need to setup a will?</a></li>

<li><a href="privateTrust_willsService.html">FAQs on wills service</a></li>

 </ul>