A trust is a legal relationship whereby one individual (the settler) transfers his or her assets (the trust fund itself) to another individual or company (the trustee) who holds and manages these assets for the benefit of others (the beneficiaries) named by the settler. There can be a range of different benefits to having a trust including privacy, tax planning, asset protection, succession planning and asset consolidation and management, a range of benefits you may not quite fully understand! But that's where our Trusts section comes into play, if you've been contemplating the idea of a Trust, but you're unsure as to how it can benefit you, then this section should hold a few articles to aid you in your decision, plus there's a wide range of other articles to answer any other questions you might have to, making sure that you are 100% about Trusts, what they are for, and how they can benefit you.
Trusts Articles
Using Trusts to Protect Heirs
19th March 2010Estate planners use trusts to protect beneficiaries from their inability, their disability, their creditors and their predators. Included under “creditors” are the IRS and divorced spouses. More sophisticated estate planners generally create m...
Author: Julius Giarmarco, Esq.
Protect Your Welfare With A Beneficiary Trust.
25th November 2009If you consider protecting your wealth, take into account creating a beneficiary trust. This trust is an irrevocable process since you agree to give up control over your welfare in your beneficiary's behalf. A beneficiary can be anyone you wish. This pers...
Author: Klik Sail
The Dynasty Trust, The Perfect Way To Protect Your Generations Welfare.
25th November 2009Each human being has a weakness when it comes to wealth. If you care about your future generations, consider creating a dynasty trust. It gives you the opportunity to protect your estate as well as to secure their future. The dynasty trust is a complex...
Author: Klik Sail
Attorneys For Or Against The Grantor Trust.
25th November 2009As a definition, a grantor trust is a process that takes place when one decides to organize his/her welfare. The grantor can coordinate his/her belongings during his life time. One of its advantages is that the grantor has the right to change or even canc...
Author: Klik Sail
Grantor Trust - The Perfect Way To Control Your Welfare.
25th November 2009A grantor trust could be defined as the trust over which the grantor or any other specialized person has the power to control the trust's assets or income. The welfare can be controlled during the owner's life who has the power to cancel or change it. ...
Author: Klik Sail
Features And Advantages That Work With Irrevocable Trusts
24th November 2009A good thing to use when it comes to getting assets protected for someone is that of a trust. Irrevocable trusts can be even more beneficial for many reasons. It can work to keep assets secure and to reduce estate taxes. It can also help to get a benefici...
Author: FrankRod
Living Trusts for Estate Planning
05th November 2009If you decide to use Living Trusts in your estate plan, your estate will likely avoid the expense and delay of probate, and your privacy will not be impaired by public records of your estate assets or beneficiaries. However, there are several countervaili...
Author: Steven R. Bennett
What Is A Hybrid Trust?
05th June 2009Trusts can be divided into any number of different kinds, but in many cases people divide them into two types; the fixed trust and the discretionary trust. In a fixed trust, the beneficiaries and the amounts to be paid to them are decided in advance and s...
Author: mgordon
What Are Discretionary Trusts?
05th June 2009The number of different kinds of trusts available to someone who wants to protect their assets for their family can be somewhat daunting if you happen to bring up a list of them on Wikipedia or another such site. Although in many cases one type of trust i...
Author: mgordon
Family Trusts and Rest Home Fees
01st June 2009Bruce and Julie had worked all their lives to build up their assets. They'd paid their taxes and tried to contribute to society. Bruce frequently helped his neighbours out doing odd jobs for them and Julie worked as a volunteer for the Blind Institute. Th...
Author: Paul Easton
Family Trusts Can Protect From Divorce or Separation
15th May 2009Good on you! You’ve managed to buy a house. Your initial thoughts are to become a property investor where you can build up the equity in your home and use that equity to leverage yourself into other properties and increase your wealth steadily over ...
Author: Paul Easton