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Why should I set up a trust?

Trusts are generally created to provide a long term structure to manage assets for the benefit of loved ones or for a charitable purpose. Sometimes trusts are created to help look after assets for a disabled or vulnerable beneficiary who may not be able to themselves. In other cases, trusts may be used to manage the income of a set of investments or to set aside money or assets for a long term family arrangement such as a family business.

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