Private Trust Services
Living Trust
This is a Trust that becomes effective during the Settlor's lifetime, distinguishing it from a Will, which takes effect posthumously.
Once established, a Living Trust ensures that the Settlor’s Estate is managed precisely as per their expressed wishes.
The activation of the trust requires the transfer of all assets by the Settlor into the Trust. This mechanism facilitates the efficient management and distribution of the Settlor’s assets
Who needs this?
Do you have assets you would like to protect or do you want certain assets to be managed professionally on your behalf ?
This Trust type might be for you!
BENEFITS
- As the creator (Settlor) of the trust, you retain full control over the assets during your lifetime. You can amend, revoke, or change the trust as your circumstances change.
- Upon death, the trust can continue without interruption, and assets are distributed according to the terms of the Trust Deed.
- The terms of a living trust remain private. This helps keep the details of your estate and beneficiaries confidential.