Why should I have a will?
A will gives you the opportunity to indicate how and to whom your assets are to be distributed after your death. If you die without a will, your assets may not end up with the people you would have wanted them to. A will also allows you:
- Comprehensive estate planning suited to your unique needs
- Easy and comprehensive estate administration
- Protection and management of your assets
- Distribution of assets according to your wishes
- Nomination of the responsible person/institution for winding up your estate (the executor)
- Nomination of a guardian to look after the affairs of any of your minor children
- Protection of benefits to beneficiaries by way of a testamentary trust
- Nomination of the responsible person/institution for administering any testamentary trust (the trustee)
- Assistance in cases where the testator/testatrix was involved in more than one relationship or marriage
- Adequate liquidity in the estate to meet commitments during the winding-up period
- Determining estate duty and other taxes and ensuring that your estate is set up in a tax-efficient way
- For business owners, to ensure the business succession is in place so that your business continues to run smoothly.
We offer a number of trust services to facilitate the creation and protection of wealth.
Contact Trust Services on
0861 238 886.
Protect your assets
When do I need a trust?
- When you have substantial assets and you want your estate to be distributed in a very specific way.
- If you want to transfer and grow assets in a living trust instead of in your own estate to minimise estate duty and other costs.
- If you want to ensure continuity of financial support and protection from generation to generation.
- If you want to benefit a particular cause such as a charity or a dependent family member during and after your lifetime.
How do I know if my estate planning is in order?
A will indicates how and to whom your assets are to be distributed after your death.
Estate administration allows for:
- Easy and comprehensive estate administration
- Protection, management and distribution of your assets according to your will
- Protection of benefits to beneficiaries by way of a testamentary trust
- Ensuring cash is available for your heirs’ living expenses after your death
- For business owners, ensuring business succession.
