This can often be a grey area with people, they think they need one but don’t know why. Family Trusts are a great way of protecting assets, but if they are not set up correctly and managed correctly they can get you in to all sorts of trouble.
We can help you with the decision about whether or not you need to consider one, and whether it will fit into your overall financial plan. We can also help you with what you will need to know before you set up a trust and the different choices you have with regards to responsibilities for it.
The point to remember though is that not everyone needs a Trust, and the decision should not be taken lightly and in isolation from your other financial decisions.