Private trust cannot be used to defraud legitimate rights of business creditors
Creation of private trust obviously requires planning and it is advisable to seek expert advice
A trust is formed for various purposes and can prove to be an effective vehicle for succession and estate planning
How do I create a private trust so that in case if something happens to me or my business gets affected, all my assets will rightfully go to my legal heirs? Also, I want to ensure that in case of business problems, the creditors will not attach my private assets. Who can I approach for my succession planning?