Why Make a Trust?

Trusts have been used by families for centuries in order to avoid or address problems relating to taxation and domestic matters. This guide introduces some of the common situations where trusts may be helpful and explains some of the most common forms of trusts and their uses. You may for example be a parent or grandparent and concerned that children or grandchildren are at risk if they receive or inherit too soon. Or perhaps your son or daughter might be in an unstable marriage or relationship, be handicapped and in need of special care or some other reason be incapable of managing their own affairs. In these and many other situations trusts can be a helpful tool and this guide will serve as a useful introduction to the area.