Private Trust Setup
Private Trust Setup
A Private Trust is a legal arrangement in which one party, known as the Grantor, transfers control of their assets to another party, known as the Trustee, for the benefit of designated individuals or entities, known as Beneficiaries. This fiduciary relationship is designed to manage and protect the assets according to the Grantor's specific instructions, ensuring that the Beneficiaries receive the intended benefits.
Private Trusts serve as an effective estate planning tool, allowing the Grantor to dictate how their assets should be managed and distributed, both during their lifetime and after their death. The terms of the trust are outlined in a legal document known as the trust deed, which specifies the responsibilities of the Trustee and the rights of the Beneficiaries.
- Consultation: We provide personalized consultations to understand your unique financial goals and estate planning needs.
- Trust Document Drafting: Our experienced team drafts comprehensive trust documents tailored to your specific requirements and in compliance with US laws.
- Asset Transfer: We assist with the transfer of assets into the trust, ensuring a seamless transition and proper legal documentation.
- Legal Compliance: Our experts ensure that your trust setup adheres to all relevant laws and regulations governing trusts in the USA.