Planning your future is as important as planning for the present. The right Trust, managed by the right professionals, ensures that your wealth is properly preserved for the future.
Unlike a Will, a Trust is a private arrangement between you and a Trustee without the formalities, complications and publicity of a probate process. Your assets are legally held by the Trustee who ensures their preservation for your beneficiaries.
A Trust is effective as soon as it is created and depending on your objectives as a Settlor, the trust may immediately be accessible to named beneficiaries. On the other hand, a Will only comes into effect in the event of death. Wills often require a lengthy probate process which could be expensive and beneficiaries may experience protracted delays before they receive gifted assets.
A Trust protects your assets and safeguards them for your beneficiaries.