Trusts provide additional protection for your assets in an uncertain world. They give extra protection, control and flexibility and are an important estate planning tool.
Where a Will gives beneficiaries gifts without conditions, a trust includes some control. Assets are held securely and managed by trustees for the benefit of beneficiaries. For example, you can appoint a trusted friend to manage an estate for the benefit of your young children.
Trusts can also protect assets from being eroded by bankruptcy, overpaying inheritance tax or from being diverted from those you want to benefit (e.g. "sideways disinheritance").
BENEFITS OF TRUSTS
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