Monday, July 12, 2010

Understanding Property Law

There are many aspects to property law that you may wish to consider. As with other aspects of law, this is one area where planning in advance can reap benefits:

Trusts

A trust is a written agreement between you and people you trust (the trustees). You appoint trustees to look after your assets and/or other personal affairs. The trustees hold the assets you have transferred into your trust on behalf of the beneficiaries.