When using trusts is the best solution

Trusts are well-known as vehicles to facilitate effective estate planning and continuity planning strategies. That said, setting up a trust − whether inter vivos (between the living) or when-using-trusts-is-the-betestamentary (created in a will) − should be carefully considered and not just implemented blindly.

Broadly speaking; trusts are classified into two categories: testamentary and inter vivos trusts. Given the complexities associated with both options, seeking appropriate expert legal advice before choosing one or the other is imperative.

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