Creation of Trusts and Administration
A trust is a complex legal arrangement where one person holds property (whether land, cash or investments) for the benefit and use of another.
Trusts can take a variety of forms and are set up for a number of different reasons; each having it’s own set of rules and tax implications. Setting up a trust will typically involve a ‘settlor’, being the person who puts the assets into trust, a ‘trustee’ being the person who manages the trust, and a beneficiary, being the person who benefits from the assets held in the trust.
Depending on your needs and requirements, we can help guide you through the creation and ongoing management of a trust to make sure it meets your specific requirements.
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