Our next clip on exploring different types of trusts, Richard Dundee, Partner in our Private Client team focuses on interest in possession trusts (also known as life interest trusts).

An interest in possession trust is a type of trust where a beneficiary has the right to receive income generated from the trust’s assets for a period of time, often for life, but does not own the assets themselves. This clip will help you to gain an understanding of how interest in possession trusts are commonly used in estate planning, wealth management, and providing for loved ones while maintaining control over assets.

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