Trusts a necessity or not?

I see almost every day estates passing from one person to another either by transferring, someone passing away, or just by general inheritence

What most people do is make plans for the future in respect of their estate but dont follow through with the correct estate planning in terms of taxation. By just setting up a simple structure (trust) you can then add all of your assets into the trust so that you have complete tax efficiency at all times and protect yourselves as well as your beneficiaries so as not to pay higher taxes for the estate.

There are a number of fiscal locations that can be used in order to create the right structure for you and your beneficiaries depending on your current or future fiscal location, which locations offer better tax advantages, what are the assets in your estate. 

The cost of setting up a structure like this is not high and could be extremely useful for tax reduction.

"It is better to pay a little now rather than a lot later"

For further information please contact me

Steve Curtis - BSC, MBA, MSC, FPC, AFPC, MREC, MPHHA