Locking your money away in different trusts

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Phil Carroll goes through the different types of trusts available

There are a variety of trusts available in the market place but it is important to understand the main principles of a trust in order to develop opportunities in this area. There are many reasons to use a trust and a number of ways that a trust can be set up to meet the exact needs of the client. It is in this advice process that the value of the adviser is readily seen. If you are cynical about the changes the Government has made in this area in recent years, you may think trusts exist simply to help avoid paying tax. However, historically, trusts were used to protect ownership of land a...

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