Safeguarding wealth from creditors or mismanagement. Tax Planning: Managing inheritance tax and capital gains.
"Equity will not suffer a wrong to be without a remedy." Equity and the Law of Trusts
Held by the Beneficiary , who enjoys the fruits of the property. 3. The "Three Certainties" Safeguarding wealth from creditors or mismanagement
At its core, a trust is a relationship where one person holds property for the benefit of another. It effectively splits ownership into two parts: Held by the Trustee , who manages the property. who manages the property.