Before pretty much any aspect of a deceased person’s estate can be dealt with, a Grant of Probate needs to be obtained. The procedure can be cumbersome, costly and time-consuming dependent upon the complexity of the estate. Also, proving a will is a public procedure so privacy about one’s estate goes out of the window. Trusts avoid all these issues and these issues affect EVERYONE, not just the wealthy.

Trusts can be one of the most effective ways of protecting assets whether it be from the taxman, from creditors or from legal structures such as forced heirship.

Many people do not want their assets to pass outright to their heirs, whether chosen by them or as prescribed by law, and prefer to make more complex arrangements. How you distribute your estate via a trust is confidential; thus avoiding potential family conflict over an estate.

Judicious use of trusts can avoid or mitigate taxes and provide for flexibility over the timing of delivery of assets to intended recipients to ensure such timing is as advantageous as possible for all parties.

A trust provides a vehicle by which a person can provide for those who may be unable to manage their own affairs such as infant children, the aged, the disabled or persons suffering from illness.