Protecting Your Assets for your Loved Ones
A Family Trust Plan can protect the assets you place into the Trust be it property or cash. This is because these assets are not counted as part of your estate on your death, therefore no probate is needed on these assets. Placing your assets into a Family Trust should ensure that they pass to the people you want them to after your death, according to the terms of the Trust wording or under the terms of your Will.
The value of the Trust won’t be eroded by the cost of administering your estate (probate costs). When you die the Trust will pass the assets to your beneficiaries without having to follow any complicated processes or procedures, otherwise known as Probate.