1. By Duban Accountancy

2. 
Working intensively with clients to plan their
financial lives and futures, Duban Accountancy
utilizes a range of products and elements to
structure estates, including wills and trusts. The
mention of trusts surprises many people because
they assume such instruments are only
appropriate for the wealthiest members of
society. Despite a strong association with
prosperity and privilege, trusts are valuable
estate-planning tools that can add security and
structure to a wide variety of assets and
liabilities.

3. 
A trust is simply a legal construction that
attaches conditions to posthumous asset
allocation. Creating a trust can diminish
overall tax burden and facilitate the efficient
transfer of assets to designees. In addition,
trusts can offer strengthened legal
protections for heirs. Despite widespread
perceptions, the benefits of trusts extend to
even modest estates, making them
appropriate for a range of financial situations.