Do you have a Will? Don’t ignore the little nuances in life. Having a Will, will give you assurity that your assets and property are distributed according to your instructions. Wills allow you to appoint an executor to manage the distribution of your assets. Without a Will, the court will appoint a distributor. Have you chosen a Guardian to look after your children? Without a Will the court will determine you have died intestate and will therefore distribute your assets and determine your beneficiaries. The court will also appoint guardians for your children.
A trust is a relationship whereby assets are held by one party for the benefit of another. At rust is created by a settlor, who transfers property to a trustee. The trustee holds that property for the trust's beneficiaries.