BREAKING: Formula 1 returns to Africa with 10 year agreement to race in Rwanda
The African Grand Prix is set to join the F1 calendar in the early 2030s
#F1
Most Clients are now embracing Trusts over Wills. Here are some of the benefits of a Trust:
1. Trust assets are separate from matrimonial property, meaning that upon divorce, property properly held in a Trust will not form part of the matrimonial property available for division.
2. If you go broke and your business fails, Trust assets are protected from creditors. Clever people understand this.
3. Trusts are tax efficient. Beneficiaries receive distributions without being taxed again where the relevant tax has already been paid by the trustee.
4. Upon your death, beneficiaries benefit from Trust assets without having to go through the lengthy succession cases.
There are numerous other benefits of Trusts. That’s why I get excited whenever I’m registering one.Registering a Trust takes one or two weeks.