Will and Trust Advisory

will and trust advisory services are widely provided by a variety of private parties, including law firms, wealth management companies, private banks, and specialized estate planning firms. These firms offer comprehensive solutions to help individuals, particularly high-net-worth individuals and families, manage their assets and plan for generational wealth transfer.

Core Services Provided
These private parties offer a range of tailored services to meet specific client needs:
Will Drafting & Codicils: Preparing legally sound documents that outline asset distribution and appoint guardians for minors.
Private Trust Creation: Structuring and registering private family trusts (which offer benefits like privacy and bypassing probate) for asset protection and controlled, long-term wealth management.
Succession and Estate Planning: Developing comprehensive strategies that cover both personal assets and business interests to ensure smooth transitions and business continuity.
Tax Efficiency: Advising on legal structures that minimize potential estate taxes and ensure beneficiaries receive their inheritance with maximum efficiency.
Executorship & Trust Administration: Providing professional support and expertise in managing the complex duties of an executor or ongoing trust administration, especially after the settlor’s death.
Confidentiality: Ensuring that sensitive family and financial information remains private, as trusts often do not become public record like wills during probate.