trust structure

Building a safety net: Succession planning for parents of children with disabilities

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Building a safety net: Succession planning for parents of children with disabilities

I am a 64-year-old widower with three adult children. One of them has a mental disability. I take care of her financial needs but worry about her future after my death, as she cannot manage finances independently. Can I create a structure during my lifetime to protect her interests when I am no longer around? … Read more

How can I safeguard my wealth amid a marital dispute?

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How can I safeguard my wealth amid a marital dispute?

How can I ensure that my hard-earned wealth, including business assets, are ring-fenced from the fallout of a marital dispute? —Name withheld on request Though not fool proof, a prevalent practice adopted to prevent value erosion on account of formal separation is via a trust structure. As an effective tool of succession planning along with … Read more