Why create a Family Trust?
A Trust is a good way to protect your assets and manage anything else of value to you. A Family Trust is a mechanism for holding assets where property is put into the name of certain people “Trustees” (usually you) who hold the property for the benefit of someone else (the beneficiaries, which would usually include you). The Trust is not like a company and does not have any legal existence, the Trustees are effectively the Trust.
The preparation of documentation for a Trust requires an experienced lawyer, contact our team today to find out what type of trust is best suited for you.