Trust Fund

A trust facilitates multi-ownership of assets which may not be easy to split between heirs, such as a farm or block of flats – with a trust the beneficiaries can receive the income generated by the asset, while the asset itself is held intact in the trust.

Simply put, a trust is a structure in which a person transfers assets to other parties, who then administer and control the assets on behalf of one or more beneficiaries, in accordance with the trust instrument.