Need to protect your assets or require a Trust as part of your business?
Weston & Associates are experienced in all types of trusts, it’s worth talking to us first to look at your financial structure and assets to see whether you actually need a trust. Or that the one you have is meeting your needs.
People usually set up a family trust to get some benefit from no longer personally owning an asset. A family trust may be useful to:
Often there is more than one trustee. There may also be more than one Settlor of a trust.
The Settlor can have the power to appoint and remove trustees. This is an important power that we can also transfer to someone else in your Will.
A trust doesn’t necessarily end with your death – it can last for a maximum of 80 years from inception.