Protecting your Assets Ethically and with Integrity
Cedar Wills & Trust’s dedicated team take the time to understand your needs to establish future proof trusts.
A Trust can be a tax-efficient way of benefiting someone in the future and can be arranged to deal with a vast range of circumstances.
Everyone has heard of a Trust but most don’t understand fully how it works. The best way to think of it is that it is a safe and whatever asset is put into it is held for someone else’s benefit. The key to that trust is held by trustees and very often by the person who has set up the trust. They have the authority to change the contents of the trust and distribute the assets in line with the terms of the trust. A trust very often works alongside a Will. There are a couple types of trusts, one which is created during your lifetime which are called Asset Protection Trusts and the other trust is written within your Will and they come into force when you pass.