Trusts

Beneficiaries of a Trust are the people or organization(s) who are named as the recipients of any benefits of the Trust. The beneficiaries can be anyone you like, but will usually depend on the goals of the Trust.

Trustees are responsible for managing, investing, and distributing the property in the Trust. This includes administration and accounting, paying any taxes on behalf of the Trust, working with beneficiaries, and working fairly and with transparency around issues of management, investments, and distributions.