Navigating the financial advantages to creating a trust.
A trust allows you to appoint a third party to manage specific assets in trust for certain persons or purposes. Legally, the trustee owns the assets held in trust, but they can only use or distribute them in accordance with the deed of trust. Trusts are often created to serve a larger goal, such as reorganizing a family business or capital properties to transfer to the next generation. There are many legal and financial advantages to creating a trust, but also many potentially problematic issues that must be carefully considered.
Working with accountants and financial advisors, we create trusts that are tailored to your unique circumstances, including alter ego trusts, joint spousal trusts, disability trusts, family trusts, and charitable purpose trusts.
