3 simple reasons to use a Trust Fund to protect your assets
You can put any asset into Trust, whether it be cash, property or other investments.
As you can probably imagine there are many reasons why someone might set up a trust and there are several different trusts to choose from. You can put any asset into trust, whether it be cash, shares, property or other investments.
A trust can:
1) Simply clarify your ownership of an asset such as a House called a Bare Trust
2) Give someone the right to receive the interest or income (or the right to live in a property) for their life time (or a shorter specified time) called a Life Interest Trust, or
3)Give the trustees power to decide whether any beneficiaries get the income or capital and when they will get it, called a Discretionary Trust
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