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Declaration Trust Form

Declaration Trust Form

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Instructions and help about declaration trust the

a declaration of trust is where somebody places assets into a legal structure known as a trust the person putting the assets in is known as the SAC Lord and they transfer the assets into a trust and it's held by trustees on the terms of the trust that the settle or has set out a trust is effectively a gift with strings attached so the person making the declaration of trust has gifted assets into that trust and then set out the conditions of that so there's lots of reasons why somebody might consider making a declaration of trust it can be that they are looking to secure asset protection so that they know how that asset that their gift into the trust will be dealt with with it in the future it might be that they're looking for inheritance tax planning so to use declarations of trust to move assets outside of their estate for inheritance tax purposes and it might be that they're looking to protect particular beneficiaries for instance it might be that they

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