Private Trust (also known as Living Trust) is a Trust where you entrust and transfer the legal ownership of your assets during your lifetime to a Trustee via a trust deed. The Trustee will then administer the assets and act according to the trust deed for the benefit of your Beneficiaries.
A trust that is established for the purpose of providing funding for educational expenses of your beneficiaries.
A trust that is established for the purpose of providing constant and continuous financial support for the living maintenance of the beneficiaries.
A trust that is established to hold and administer your investments to create sustainable income to provide financial support for the beneficiaries.
A trust that is established for the purpose of providing medical funding for the medical expenses of the beneficiaries.
A trust established for the purpose of preserving your property against third party claimants or unintended parties.
A trust established to hold and administer the insurance proceeds from your life insurance policy to provide financial support for the beneficiaries.
A trust that is established with the purpose to provide charitable funds to the charitable organization of your choice.