FREQUENTLY ASKED QUESTIONS
Q. - What is a private "trust"?
A. - A trust is a system put in place to protect your property and assets.
Q. - How does a private trust work and what benefits does it have to protect us?
A. - A trust works for the benefit with all named on and within the privately expressed trust.
When a trust is expressed privately, it gives you the peace of mind knowing that all your family assets are safe and secure for future generations.
Q. - How long does a trust last?
A. - A trust lasts infinitive, assets can be transferred to future generations so there is no time frame for the length of time.
Q. - Can anyone protect his or her assets with a private trust?
A. - Yes, anyone can place his or her assets within a private trust
Q. - What are the benefits of choosing a private trust over a public trust?
A. - When you go to your legal representative to protect your assets within a trust, they will most likely construct a public trust on your behalf. They will usually inform the taxman and lodge it in public record. You will be charged quite heavily for this trust to be constructed and will have to constantly be paying on a yearly basis to keep your trust active. They will also more than likely intertwine themselves within your trust in a beneficiary position, sometimes as the sole beneficiary (that is exactly how it sounds). The beneficiary position is only for the ones you wish to benefit from your assets. This clearly leaves you with a vulnerable crack in your armour. A private trust on the other hand, drawn up and prepared by Trust Asset Protectors, will cost you less to secure your assets in one single payment, and your assets with be safe and secure, from any threat or claim until the day it is collapsed from within by its trustee/s. At no point after preparing your trust will Trust Asset Protectors have any access to any positions within the trust, nor it’s assets. And you will not be getting any further contact from us, unless you request it.
Q. - Can we add to our Private trust?
A. - Yes, once Trust Asset Protectors have construed a trust on your behalf, although we shall never bother you, we will always be available to offer our services. If you wish to change or add to your trust, we will be here to make any alterations, draw you up a fresh trust document, and have it in the post by special delivery within 24-48 hours guaranteed (we will always aim for next day, any special requirements can be arranged)
Q. - How do I utilize a trust document when the time is needed?
A. - A private trust is set firmly in law worldwide. When and if the need arises, you do not take this document your regular legal representative; they operate in Admiralty/maritime jurisdiction and can only work within the public. A private trust stands within the jurisdiction of equity, thus requires an equity lawyer. You can either find one locally, or you can contact Trust Asset Protectors and we shall make sure all the arrangements are made for a local equity lawyer to get in contact with you.
Q. - What do I need to do when I get my Trust Asset Protectors document?
A. - We have drawn up this document on your behalf; we have not placed ourselves within the trust. When you get your document, you will be required to bring all parties that hold positions within the trust together; all positions holders must sign the document in the presence of the others. We also recommend a short video documenting the signing and meeting of minds, but this is not obligatory.
TRANSFERRING PROPERTY INTO A TRUST
If you are thinking about transferring a property into Trust it is likely you are looking to protect it. This is one of the best ways available to protect your home, both for yourself and your loved ones. One of the big advantages that a Trust gives you is flexibility. It enables you to protect your home now as well as any you may move to in the future. The property can be declared as not forming part of your estate and so protects it from any third parties.
Setting up a Trust also enables you to appoint multiple beneficiaries and proportion your estate in a way you choose. It also has the added advantage of remaining out of their estate so that if they were to have issues in their own life, anything placed in Trust for them cannot be claimed.
When deciding if a Trust is right for you, it depends on your circumstances and what it is you are trying to achieve. The main consideration is what type of Trust to use. When setting up Trusts there is not a one size fits all solution, everyone’s situation is different and so are the custom solutions.
A. - A trust is a system put in place to protect your property and assets.
Q. - How does a private trust work and what benefits does it have to protect us?
A. - A trust works for the benefit with all named on and within the privately expressed trust.
When a trust is expressed privately, it gives you the peace of mind knowing that all your family assets are safe and secure for future generations.
Q. - How long does a trust last?
A. - A trust lasts infinitive, assets can be transferred to future generations so there is no time frame for the length of time.
Q. - Can anyone protect his or her assets with a private trust?
A. - Yes, anyone can place his or her assets within a private trust
Q. - What are the benefits of choosing a private trust over a public trust?
A. - When you go to your legal representative to protect your assets within a trust, they will most likely construct a public trust on your behalf. They will usually inform the taxman and lodge it in public record. You will be charged quite heavily for this trust to be constructed and will have to constantly be paying on a yearly basis to keep your trust active. They will also more than likely intertwine themselves within your trust in a beneficiary position, sometimes as the sole beneficiary (that is exactly how it sounds). The beneficiary position is only for the ones you wish to benefit from your assets. This clearly leaves you with a vulnerable crack in your armour. A private trust on the other hand, drawn up and prepared by Trust Asset Protectors, will cost you less to secure your assets in one single payment, and your assets with be safe and secure, from any threat or claim until the day it is collapsed from within by its trustee/s. At no point after preparing your trust will Trust Asset Protectors have any access to any positions within the trust, nor it’s assets. And you will not be getting any further contact from us, unless you request it.
Q. - Can we add to our Private trust?
A. - Yes, once Trust Asset Protectors have construed a trust on your behalf, although we shall never bother you, we will always be available to offer our services. If you wish to change or add to your trust, we will be here to make any alterations, draw you up a fresh trust document, and have it in the post by special delivery within 24-48 hours guaranteed (we will always aim for next day, any special requirements can be arranged)
Q. - How do I utilize a trust document when the time is needed?
A. - A private trust is set firmly in law worldwide. When and if the need arises, you do not take this document your regular legal representative; they operate in Admiralty/maritime jurisdiction and can only work within the public. A private trust stands within the jurisdiction of equity, thus requires an equity lawyer. You can either find one locally, or you can contact Trust Asset Protectors and we shall make sure all the arrangements are made for a local equity lawyer to get in contact with you.
Q. - What do I need to do when I get my Trust Asset Protectors document?
A. - We have drawn up this document on your behalf; we have not placed ourselves within the trust. When you get your document, you will be required to bring all parties that hold positions within the trust together; all positions holders must sign the document in the presence of the others. We also recommend a short video documenting the signing and meeting of minds, but this is not obligatory.
TRANSFERRING PROPERTY INTO A TRUST
If you are thinking about transferring a property into Trust it is likely you are looking to protect it. This is one of the best ways available to protect your home, both for yourself and your loved ones. One of the big advantages that a Trust gives you is flexibility. It enables you to protect your home now as well as any you may move to in the future. The property can be declared as not forming part of your estate and so protects it from any third parties.
Setting up a Trust also enables you to appoint multiple beneficiaries and proportion your estate in a way you choose. It also has the added advantage of remaining out of their estate so that if they were to have issues in their own life, anything placed in Trust for them cannot be claimed.
When deciding if a Trust is right for you, it depends on your circumstances and what it is you are trying to achieve. The main consideration is what type of Trust to use. When setting up Trusts there is not a one size fits all solution, everyone’s situation is different and so are the custom solutions.
