Family Trusts: What are they and why should you establish one?
What is a family trust?
A family trust is the legal way to your protect your assets for the future, and it's not just the domain of the rich anymore. You can put any type of asset into a family trust, including income and non income-producing assets, and primarily your home. There is little risk that you will lose your home, because you no longer own the assets assigned to a trust - the trust owns them, not you. The family trust structure that protects your assets for your family, children and grandchildren, has always been an option for wealthy families. Now, it is affordable to all.
Why you need one
A family trust is a way to guarantee that the people most important to you will receive your assets if something were to happen to you. It gives you peace of mind knowing that you have asset protection against an uncertain economy, business liabilities and family problems. As well, it can protect you and your family by:
- Stopping unwelcome claims against your estate
- Keeping your personal and business affairs separated
- Protection from creditors and predators
Isn't a family trust expensive?
Yes, up until recently family trusts cost around $3,000 to set up, but there is now an alternative way for New Zealanders to enjoy the security of placing their most important asset in trust - for a fraction of the cost and none of the hassle. A brand new website offers an online shortcut to setting up a family trust that takes just 15 minutes, in the privacy of your home or office, and costs one third of the price. It couldn't be easier. Just go to www.trustus.co.nz and sign up, and you'll speed through the application process. There is nothing to pay until you download the documents for signing.
Finally an affordable solution
The experts at TrustUs New Zealand, have made setting up a family trust as easy as buying a pair of shoes online, except you're trust will fit comfortably from day one. The website prompts you through the process with a handful of simple questions, making sure you get the lowest fees possible. In a perfect world, you wouldn't need to protect your home with a family trust. However, in the real world, an online economical alternative way to set up a family trust is the perfect solution.
So why not register with TrustUs today.
Its in your hands.
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