Secure Trust
Starting a trust is a secure way of ensuring your assets are passed on exactly how you wish either in your lifetime or after your death. This is because a trust must adhere to a legally binding document known as the trust deeds or a declaration of trust which is written according to your, the settlor, wishes.
As a settlor you can make a trust as secure or as flexible as you wish. How you decide to set your trust up will depend on different circumstances. You may find the most security in an irrevocable trust which cannot be altered at all once signed. Alternatively, you may wish to plan for unforeseeable circumstances and in this case a revocable trust may be the better option. A revocable trust may be altered to accommodate for changing circumstances and provides greater freedom to secure assets if your beneficiaries are affected by factors like illness, death and divorce.
Talk to an independent financial advisor today to discuss your individual circumstances and to find out which trust may provide the best security for your assets:
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