A trust is an essential tool in planning for your estate, retirement, children's education, investment and income tax.  It also allows for risk management and insurance planning as well as family wealth and business succession planning.

Trusts help preserve your wealth – not only from creditors and claimants, but also from excessive spending by your beneficiaries. You may appreciate the difficulties of accumulating and preserving your wealth - but do your children and grandchildren share the same sentiments as you? A trust therefore helps you ensure that your wealth is held for successive generations.

Trusts help distribute your wealth – you may think that having a Will is enough to deal with the distribution of your estate. But this may not be so especially if you are leaving behind a business or where your child would soon be embarking on further education. Under such circumstances, time is crucial. Even where you have a Will written, the application for the grant of probate and the estate administration process may take too much time – the luxury of which your loved ones simply do not have. Unlike the rest of your estate, your assets held in a trust will not be frozen upon death. Therefore, your beneficiaries are assured of immediate funds – that are not subject to creditors’ claims on your estate.

Trusts help manage your wealth – the beauty of trusts is that you can achieve confidentiality by concealing the identities of your beneficiaries. You can set up a trust to ensure that your loved ones are taken care of in the areas of education, maintenance and medical expenses.

A trust is a versatile tool allowing you to manage your wealth as you please.

There are many uncertainties in life. But you have the power to protect your property and the interests of your loved ones should the unexpected occur.

At OSK Trustees, we are here to serve your needs by providing quality professional services. We look forward to a lasting relationship with you based on integrity and excellence.