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Trusts

 

There are a number of different types of trusts that can be used to help protect your estate and ensure it is passed on to your intended beneficiaries. Which trust is suitable for your needs will depend on your circumstances. Common reasons for using trusts are:

  • To bestow gifts and preserve wealth for future generations
  • To avoid the need for probate
  • To maximise tax efficiency
  • To nominate beneficiaries of a life policy