Once a trust is formed, assets can be sold into the trust, with a debt being created in the trust’s name owing to the giver of the asset. In order to get rid of this debt for asset protection purposes, the giver must gift the debt the trust owes them away, either in one lump sum or over time.

We can look after your gifting requirements, advising you in relation to such and the preparation of gifting documentation accordingly. We can also look after your trust administration requirements such as the preparation of trust minutes.