In this short video, Richard Dundee, Partner in our Private Client team breaks down the concept of a bare trust in simple terms. This is the simplest type of trust. The beneficiary has an immediate and absolute right to the treasures in the chest once they reach adulthood (usually at a specified age, commonly 18, 21 or 25 years). It’s a great way to leave something for young children without handing them a large sum too early.

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