Day: June 30, 2024

Clarity is Key: Ensuring Clear Communication: Defining Asset Use and Beneficiary Expectations in Restricted Property Trusts

Introduction Clear communication is paramount in all aspects of financial planning, especially when establishing complex structures like Restricted Property Trusts (RPTs). These trusts offer substantial benefits but require precise definition of asset use and beneficiary expectations to avoid misunderstandings and ensure the intended outcomes are achieved. By establishing clear guidelines from the outset, participants can […]