Trust
A relationship where a person or organisation (the trustee) is under an obligation to hold property (real estate and/or money) for the benefit of other persons (the beneficiaries).
Definitions
- beneficiaries
People, charities and organisations who you decide will receive or benefit from your estate when you pass away.
A trust is a relationship where a person or organisation (trustee) is under obligation to hold real estate and money to benefit other persons (beneficiaries).
Definitions
- beneficiaries
People, charities and organisations who you decide will receive or benefit from your estate when you pass away.
Find out all the legal and trustee costs and fees for NSW Trustee & Guardian to administer an estate with a continuing trust or set up or transfer a trust.
Get expert help to make a valid Will outlining who you wish to inherit your assets, look after your children and be Executor of your estate when you pass away.
Definitions
- assets
All of a person’s property including real and personal e.g. bank accounts, realty, shares in companies, cash etc.