A Trust is a legal agreement where assets like money or property are managed by a designated person or organisation for the benefit of another person. Trusts are usually setup as part of a Will to provide ongoing financial support for members of your family, friends or charities.
Forming a Trust can give you peace of mind that your beneficiaries are looked after exactly the way you intended. If you have further queries about setting up a Trust, then make an appointment to speak with one of our experienced Lifestage Planning solicitors today.