YOUR PROPERTIES SHOULD BE REGISTERED IN A TRUST

“A MUST READ”

 

YOUR   PROPERTIES SHOULD BE REGISTERED IN A TRUST – WHY?

 

 

It has become a fairly popular practice (especially amongst   affluent people) to register property in the name of a legal entity such as a   close corporation, company or trust rather than in their personal names. A   trust is a popular choice, particularly where residential property is   involved. Many people elect to go this route without having a clear   understanding of the nature of a trust or the implications of registering   their property in a trust.

 

 

As with most things in   life there are both advantages and disadvantages to registering property in   the name of a trust. One of the advantages is that trusts facilitate estate   planning. Furthermore having property registered in the name of a trust is a   means of protecting the property against one’s creditors. In addition there   may also be certain tax advantages to having a property registered in the   name of a trust.

 

 

FURTHER DETAILS IS SPOKEN ABOUT INDEPTH AT OUR

“TRUSTS FOR BUSINESS OWNERS” SEMINAR

 

For most people, the single biggest   advantage to placing a home in a trust occurs after they die: It allows their   survivors to save the cost and time of putting the property through probate,   which is the common court proceeding required to transfer the title to it.
Those who want the property to passes to a spouse may also structure the   trust to avoid some estate taxes. And revocable trusts are a good option for   those who wish to maintain some flexibility and control over their estate   plans, as the trusts may easily be amended any time.

 

 

SECURE YOUR FUTURE

“FOR LASTING PEACE OF MIND” contact Carol-Ann to enroll yourself into the Seminar:

  (011) 326 4139