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Trusts, in various guises, have existed since the Middle Ages. They suffer from many misconceptions - it is often assumed that they are costly, complicated, and only for the hugely wealthy. Not so! We often make use of trusts for our clients. They are as simple or as complex as the problem to be addressed. The most basic trust will simply obviate the need for probate following death. Another might effect an immediate and substantial reduction to any potential inheritance tax liability. We have access to a wealth of expertise on the subject of trusts. Costs are usually minimal, and in some cases this service is without charge. |
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