Day: July 14, 2024

Adaptability Matters: Crafting a Flexible Framework: Including Provisions for Future Modifications to Restricted Property Trusts

Introduction Crafting a Restricted Property Trust (RPT) involves not only setting clear guidelines for initial structure and management but also planning for future adaptability. Including provisions for modifications within the trust framework ensures that the RPT remains relevant and effective amid changing financial circumstances, tax laws, and personal objectives. This flexibility is essential for participants […]