Practical Trust Planning (PTP)
The Trust is a humble instrument that allows wealth to be managed and distributed over a period of time to beneficiaries. A parent who writes a Will that makes only immediate gifts to his children can consider using a Trust to deliver those gifts at regular periods, based on what amounts are needed at the time.
The Trust is also a powerful instrument that can help convey values to future generations. A parent can leave instructions to distribute lump sums for university education, to start a business and to fund a charitable cause. There is no limit to how a Trust can be used.
A Trust however is a misunderstood instrument. Many families avoid the discussion because they think that Trusts are expensive, complicated, and only for the wealthy.
Practical Trust Planning (PTP) is a series of courses developed by Trust practitioners who believe that Trust planning can be explained in simple English, and can be made relevant to financial planners through the use of case studies that combine financial planning and estate planning.