Trusts: Planning Tips and Tax Traps to Avoid
The use of trusts is a fairly popular way of passing wealth down generations.
Many people feel they are complicated to understand and expensive to run.
However, in reality, a trust is simply a private legal arrangement whereby assets are transferred to a group of people who are instructed to hold those assets for the benefit of others.
Trust assets may be in any form including shares, cash, or even the asset of most interest to the majority of our subscribers; property, including a main residence.
We have just released the 2018-19 edition of our new ‘How to Use Trusts to Reduce Property Taxes’.
This is a gentle reminder that the 30% early bird discount ends in three days!
Go here to learn more and lock-in your discount today.
Happy Tax Saving!