
TRUSTS & WILLS
A will is an essential element of estate planning, which involves arranging your financial affairs in such a way that you, your family and any other beneficiaries may enjoy the maximum benefit from the assets both during your lifetime and after your death. It also allows you to appoint an administrator who will attend to the day-to-day administration of your estate.
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When assets are passed from one generation to another estate duty is levied beyond a certain threshold. By implementing estate planning techniques this chain of successive duties can be broken which shields family wealth from unnecessary long-term erosion.
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A trust is an efficient and flexible way to ensure that assets are properly managed, in accordance with legislative requirements by skilled professionals, for the best interest of the beneficiaries.
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