Trusts are an important aspect of estate planning and wealth management. They are legal arrangements in which one person, known as the trustee, holds and manages assets on behalf of another person, known as the beneficiary.
Trusts can be used for a variety of purposes, such as protecting assets from creditors, minimising taxes, and providing for future generations.
Dafferns offer trusts services to our clients. These services range from trust creation and management to ongoing administration and compliance. One of the main benefits of using Dafferns for trusts services is the expertise and experience we bring to the table. Trusts can be complex legal arrangements, and working with us can help ensure that the trust is structured and managed in a way that meets your specific needs and goals.
As well as the above, we can also provide valuable guidance and advice on the types of trusts that may be most appropriate for your situation. We can also help you navigate the tax implications of trusts, such as gift and estate taxes, and develop strategies to minimise your tax liability.
In addition to providing trust creation and management services, we can also provide ongoing administration and compliance services. This can include managing trust assets, distributing income and principal to beneficiaries, and ensuring that the trust is in compliance with all legal and tax requirements.
By working with us, you can have peace of mind knowing that your trust is being managed properly and in accordance with applicable laws and regulations.
Overall, trusts services can be an invaluable resource for individuals and families looking to protect and manage their assets. By working with an experienced professional, you can ensure that your trust is structured and managed in a way that meets your specific needs and goals, and that you are taking advantage of all available tax and legal strategies.