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The uncertain future

You want to leave your loved ones your assets, but the future is uncertain and you're not sure what to do. Because it's neither expensive nor time consuming nowadays, consider setting up a family home trust to guard your home securely. In fact, you can set up your family home trust online in about 15 minutes - for a third of the cost that brick-and-mortar trust companies charge.

More than 20% of New Zealand homeowners have already established a family trust

To secure their homes, and the idea is spreading quickly. That said, you'll likely be convinced as well, especially once you see how easy it is to get started, not to mention the peace of mind it can provide to both you and your family. If you've ever considered a family trust to protect your family home and other assets, now is the time to explore your options - your family will reap the benefits for generations to come.

A Family Home Trust offers protection

With a family home trust in place, assets are protected against unwanted claims and unwelcome creditors. You need this protection in case a business venture goes belly up, or in case you or your business is subject to a lawsuit. If the trust owns your family home instead of you, creditors will not have access to it. It's like having double the protection of a burglar alarm and deadbolt locks on your doors, financially speaking.

Takes care of special expenses

Nothing is more special than a grandchild, and a well-executed family trust will ensure assets are protected for a grandchild's future needs when the time comes. Likewise, simply saving on estate costs through having a family trust can leave enough to cover a deposit on a first home for grandchildren.

A Trust stops family squabbles

To be honest, nothing will ever stop family squabbles, but setting up a family home trust will minimize infighting about money, which is the root of most family squabbles. For example, you won't have to worry about your children's spouses ending up with the inheritance if the terms are specified beforehand.

Protects your assets when you're gone

Unfortunately, death sometimes brings former spouses and long-lost relatives out of the woodwork to lay claim to a piece of your estate; a family trust nips unwanted claims in the bud.

Reduces administration costs

Family Home Trusts are easier to administrator, as you do not have the complexity of income producing family trusts, such as tax return requirements and accounting for investments. To find out more why not register with TrustUs today.

Its in your hands.