Trusts are invaluable tools for estate planning, offering flexibility and control over how assets are managed and distributed. An interest in possession trust can be tailored to benefit a life tenant with income from the trust assets while preserving the capital for other beneficiaries. Combining different trust types with an interest in possession trust can […]
Interest in possession trusts are a common and often effective means of managing assets, particularly in the context of estate planning. These trusts provide a beneficiary (or beneficiaries) with an immediate right to income or enjoyment of a trust asset while preserving the underlying capital for future beneficiaries. While they offer considerable benefits, disputes regarding […]
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