Setting up a trust

A trust is a good way to protect your assets during your life and after you pass away. It can provide financial security for your children and your spouse.
Whether it makes sense to establish a trust depends on your individual circumstances. Some common reasons for setting up a trust include:

•    To provide for minor children or family members who lack financial experience or who are unable to manage their assets
•    To provide for management of your assets should you become unable to oversee them yourself
•    To avoid probate and transfer your assets immediately to your beneficiaries upon death
•    To reduce estate taxes or provide liquid assets to help pay for them.

At Vantage Accounting will help you determine if a Trust is appropriate for you and if so, what type of trust is best for you.
For more information or booking an appointment with your advisor please Contact Us.