These types of trusts are created in terms of a will and are used to transfer assets in a convenient wat once someone has passed away. The beneficiary of the trust will be the person that gets ownership of the assets once the founder of the trust passes away.
It is your choice as the founder of the trust who the beneficiary of the trust should be once you passed away.
Why is a Trust important?
Trusts are the easiest way to transfer assets to the chosen beneficiary once you are no longer here to make these decisions or to transfer assets by yourself. There is a written agreement between the founder and the trustee which sets out the terms and conditions of the trust and the information required once the founder has passed away.
Trusts can help to save time to transfer assets when you pass away and can also assist in lowering estate taxes in this case. It is therefore extremely important to ensure you have an Inter-Vivos trust for the future and well-being of your family when you are no longer here.
Where to begin to create a trust and ensure administration thereof once I passed away?
Contact us at Serenity Trust so we can assist you with all the information you need and to set up a trust in your name for the day that you are no longer here.
Our services at Serenity Trust are wide and ranges from assisting our clients to create these trusts and the most important part is we also provide Trust administration services which is crucial for a Trust when you are no longer here to ensure that your wishes are fulfilled.
Serenity Trust is specialised in Trust Administration services, and we are here to ensure that your trust is set up and managed correctly, especially on the day that you are no longer here.
It is extremely important to create a trust and our expert team at Serenity Trust can help you with exactly that, we provide these services because we know the importance of wanting to provide for your family, even when you are no longer here.
Contact us at Serenity Trust today to ensure that you get your Trust set up and maintained by our specialised trust administrators to ensure your family is provided for when you are no longer here to do it yourself.
