Tag Archives: beneficiaries

What Is A Discretionary Trust? – Advantages And Disadvantages

If you don’t already know how a trust works, take a look at a previous article, which explains what an asset protection trust is. Having a discretionary trust means, that beneficiaries don’t have any fixed entitlement to the trust fund. The trustee has discretion on how assets are distributed to beneficiaries, based on the instructions…

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What Is An Asset Protection Trust?

An asset protection trust is similar to a legal entity, like a company. It can own anything from cash, real estate, stocks and any other investment. With a trust on the other hand, you can be in full control over everything the trust owns, but legally not own anything. So if you get sued, no…

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