A trust is one of the most secure ways to protect your assets and ensure that your wealth is preserved for generations.
A trust is a fiduciary relationship whereby property is held by one party, the trustee, for the benefit of another, the beneficiary. There are two basic types of trusts namely:
- A living or inter vivos trust which is set up during a person’s lifetime
- A testamentary or mortis causa trust which is set up in a will and only establishes after the person’s death
- Our firm can assist clients with advise on and registration of trusts.