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We are pleased to present below all posts tagged with 'What is a trust'. If you still can't find what you are looking for, try using the search box.
The essence behind a Trust is for the Trust to own property in its own right so that such property does not form part of the estate of the Trust Founder. A Trust, however, does not have legal personality. The Trust can therefore acquire and accumulate properties and assets as a separate entity from the Trust Founder and persists even after the Trust Founder has passed on.
There are certain advantages and disadvantages that come with buying a house in a trust that already exists.
In this article, we discuss the various benefits and implications of purchasing immovable property in the name of an existing trust.
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