Setting up Trust - by Shinn & Richard
Rockwills Family Trust Talk
The misconception of setting up Trust:
Trust is only for the rich (Misconception)
How much do I need to set up a family trust?
Q&A
How much is the fee for Setting up a trust?
Maintenance, 0.75% - 0.5%
What if the fund fully utilizes earlier than our planning (e.g. kid undergoes surgery, insufficient trust fund) Will the Trust End even our kids are still underage?
YES: You have to have enough Funding.
Prepare extra funding.
Prepare extra funding.
Other benefits:
e.g. Orchard, who need special skills, if you pass down to the kids,
they might not be able to manage.
Trustee hire professional to manage for you
e.g. Orchard, who need special skills, if you pass down to the kids,
they might not be able to manage.
Trustee hire professional to manage for you
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