Category: Trust
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Setting up a Trust? Who need it?
A Trust is an estate planning tool used to preserve your wealth for a more specific intention while supporting your family members financially in a longer time frame. Wealth is what you gain throughout your lifetime with blood and sweat and don’t you think it is great if this wealth can last longer to support…
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Why is there a need to create a Trust for your young children?
As a parents, do you ever thought of, if one day we unable to accompany and watch our kids grown up due to unforeseen circumstances, what are the plans we need to prepare for them? Are these your concern? Who will take care of our children? Can our children grow up well taken care of?…
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How to manage money wisely
Money is use to meet our emotional and psychological desires. Money provide certainty and security to our day to day life. We live our life more significance with money. Without money life can be miserable and out of control. As such, we shall manage our money wisely in order for the money to continue to…
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Why setting up a Trust may make sense to you even though you are not celebrities
A Trust enable your heirs to avoid probate and gain faster access to the inheritance. Besides it can act as a tools to manage your finances while alive and after the demise. One should consider setting up a Trust on top of their Will. Yet many people have misconception that Trust is only meant for…