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Frequently Asked Questions
What is the main benefit of setting up a trust?
Trusts offer asset protection, privacy, and control over how wealth is used and passed on.
Can I be both the trustee and beneficiary of a trust?
Yes, in certain structures, but legal advice is essential to avoid conflicts of interest.
Is a trust only for the wealthy?
No. Trusts can benefit individuals at various income levels, especially for family protection and inheritance control.
Can a trust help with estate taxes?
Yes. Properly structured trusts can provide tax benefits and avoid probate delays.