How do I set up a family trust?
I am interested in setting up a trust for my family. How do I go about doing so, and should this form part of the family’s financial plan or my personal financial plan?
Mariska Redelinghuys, Legal Specialist: Advice, PSG Wealth responds: This is a great question, and it’s important to know that, if used correctly, a trust is a structure which can help with the transfer of wealth across generations in a cost-effective way.
A trust is not a one-size-fits-all solution. Before setting up a trust, get advice from a professional who can help you identify your family’s financial goals and set up a
