Understanding the Four Types of Property Trusts
Understanding the intricacies of property trusts is crucial. Among these, four distinct types stand out: Discretionary Trusts, Offshore Trusts, Possession Trusts, and Bare Trusts. Each of these trust structures offers unique benefits and drawbacks, tailored to different needs and circumstances. Discretionary Trusts: Flexibility and Control for the Settlor Discretionary trusts are characterised by the flexibility…