Using Trusts to Best Advantage
When you start building an asset base, that's the time to start thinking about setting up a family trust. Family trusts are a great way of managing the transition of wealth from one generation to the next, protecting assets from creditors, and managing your affairs in a logical manner.
Trusts can also be used to run businesses. There are advantages and disadvantages for both trusts and companies.
Ask Sharon if a trust is the right kind of entity for you. She's happy to meet with you to discuss your overall needs and design the best way of protecting your assets.
When you start building an asset base, that's the time to start thinking about setting up a family trust. Family trusts are a great way of managing the transition of wealth from one generation to the next, protecting assets from creditors, and managing your affairs in a logical manner.
Trusts can also be used to run businesses. There are advantages and disadvantages for both trusts and companies.
Ask Sharon if a trust is the right kind of entity for you. She's happy to meet with you to discuss your overall needs and design the best way of protecting your assets.
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