Protect your assets with a pedigree trust
A pedigree trust (also known as a linear descendant’s discretionary trust) is a type of discretionary trust established to ensure that the property of the trust will remain within a particular family (usually defined by direct, i.e., blood relationship to one specific individual).
Pedigree trusts are used:
- To protect the trust assets in the case of marriage breakdown from the Family Court’s reach,
- to ensure that the property of the trust will remain only with the “blood-relatives” of the initially nominated trust beneficiary,
- to maximise the chances that assets will provide for the education and upbringing of children or grandchildren.
Posted in Personal finance