Webinar: Essential Considerations When Setting Up a Trust
Manage episode 359551728 series 2860098
Alfred Ip talks to Hannah Bisson (Director of Business Development at Trident Trust) and Henno Boshoff (Counsel at Harneys) about the main reasons clients set up a Trust – might these be for ringfencing business assets or for giving back to the community or for tax reasons.
SHOW NOTES: 01:50 Main reasons for setting up a Trust 09:37 How to choose a Trustee? 14:27 Who to add as a beneficiary? 18:02 Most common Trust structures 35:24 Understanding assets to be included in the Trust 39:48 Inter-vivos Trusts vs Will Trusts: pros and cons to consider 42:42 Setting up a Trust in an off-shore vs on-shore jurisdiction 48:47 Fees for setting up and managing a Trust
If you wish to learn more about our Private Client, Probate & Trust practice, please check the dedicated section of our website: https://www.hugillandip.com/legal-services/private-client-probate-trust/
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