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THE TRUST WILL, A PLANNING TOOL THAT REMAINS RELEVANT TODAY

lean expertise,m & a services . 

How many of us have a motivation on a daily basis to provide for our well-being and our comfort of ours? Many are still looking to be surrounded by the best and the top-class professionals in order to receive good advice and ensure the growth of their wealth. Faced with so much effort and rigor, ask yourself about your feelings when you think of your death. This moment after your death, when you will no longer have control and you will no longer be able to keep the course on your objectives for the administration of your heritage from the M&A advisory. Is a deep feeling you feel synonymous with peace or worry about the use and administration of your assets by your heirs?

Since January 1, 2016, many have asserted, without however providing adequate nuance, that the fiduciary will no longer have its raison. Some people will agree with these statements if the sole intention of the testator or his adviser was to use the testamentary trust to take advantage of the progressive rate that this type of trust provided.

Despite the loss of this notable privilege, the testamentary trust has other advantages that could make all the difference for social development and the maintenance of the well-being of our ever-changing generations. It is, therefore, possible for you, by using the testamentary trust, to make the patrimony of your heirs extremely safe against their own creditors, to make sure that the administration of the bequeathed property is carried out in a rational manner, in respect of the particular needs or requirements and the reality of your heirs or that assistance is simply accessible for your inexperienced heirs or those in the process of learning to manage their own affairs.

Also, did you know that it is possible to tax the income of the testamentary trust for a beneficiary under the age of 21 at the progressive rate, without there being any disbursement or remittance of money made directly in the patrimony of a child? The income of the trust will thus remain a very protected asset. It will continue to be administered by trusted people chosen by you.

The intervention of the public curator will be avoided, as there will be no disbursement or payment. In addition, the child or the young adult will be able to benefit from a healthy social development without external influences or interventions which can, in certain situations, become unhealthy for the latter since he will not have direct access to his heritage.

To find out more about this, ask your M&A advisor from the SME INTER Notaries network for advice. Your professional, supported by a committee of experts in the field, will guide you and send you all the relevant information according to your situation and your wishes. He will show you the added value of the trust will and who knows, maybe you will gain peace of mind. Is that not an amazing feeling that is priceless?

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