Wills and Trust Deed
If you wish to have your assets and your
loved ones protected when you can no longer do it – the answer is Estate
Planning. Everyone has heard the terms "will and
trust", but not everyone knows the differences
between the two. Both
are useful estate planning devices that serve different purposes, and both can work
together to create a complete estate
plan.
Estate planning
isn’t just about deciding
who
will inherit your assets after you die. It’s also about:
- Who will raise your children in the event of your untimely death.
- It’s about minimizing the chances of family strife and ugly legal
battles and choosing the most tax efficient option for the transfer of your
assets.
- In the event you become mentally incapacitated through sickness or an
accident
estate planning allows you the autonomy
to decide how you are cared for
and who controls your finances and assets until you are able to.
- Estate planning ensures your legacy lives on long after
you are gone.