Trusts

A trust is a legal structure

  • settlor
    • transfers property to the trust
    • gives instructions to the trust
  • trustee
    • the legal owner of the property in the trust
      • so the residence of the trust is where the trustee resides
    • carries out the settlor's instructions
    • fiduciary to act in the best interests of the beneficiaries
  • beneficiaries
    • the ones for whose benefit the trust was established

A trust can be established when the settlor is

PS Network

Market Better
twitter.png Twitter
blogger.png Blog
marketingreflections.png Newsletter
Spark Insight
website.png Website
Grasp Risk
twitter.png Twitter
blogger.png Blog
website.png Podcast
website.png Website
Tame Risk
website.png Taxevity
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License