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Who should have a family Trust?
Family Trusts - First Financial Planning Ltd.Anyone who has more than 1 child, is a professional eg lawyer, doctor or pilot, anyone who owns their property or farm, is about to take on a new business, is likely to live in a retirement village or has a will that may be contested.

Why should I have a family Trust?
Place your assets in a separate legal vechicle so that you can protect your loved ones, distribute your assets as you desire and stop entities such as the government ripping you off by means testing. Family Trusts go back to the Crusades and there is a lot of precedent protecting assets held by a Trust.

What is the downside?
The cost of a family Trust is about $3,000 and there is a lot of administration. Trusts are usually prepared by your lawyer, accountant or a Trust company.

Where to from here?
Talk to us to decide if you should form a Trust. Don't wait until its too late to form a Trust.

What does FFPL gain?
Nothing - We often recommend "Trusts" as we believe they can offer protection of your assets. FFPL wants you to achieve your financial goals. A Trust may help. 


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