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The Target Capital Structure

Loans -Credits- Debts- Credit Repairs

What is a Trust and what are the benefits

Trust holds the property of the beneficiary even after his death. A trust saves time and money of a probate, a legal process of transferring the assets or

property to next generations. The main difference between a Trust and a Will is the fact that your property won’t go through probate when you die. With a Will the transfer of property takes place at your death and will need to go through the court system, (probate) to determine the legalities of the will and the properties being dispersed. During probate much of the estate is taken by taxes and sometimes attorneys. When you create a Trust you transfer your properties to it while you are still alive and it continues on through your death. It is believed that trusts were started during Roman Empire. trusts are two types.

Living Trust
Testamentary Trust

A Living Trust is created and instated while you are alive. A Testamentary Trust is carried out after your death from instructions given while you were alive.

Benefits of a Trust

No legal process to transfer the estate or property after you die
Privacy of the trust details are not public
tax planning is possible in trusts
Trust can have creditors protection