KEY CONSIDERATIONS IN SETTING UP A TRUST
Identify the assets that are going to be transferred Decide the purpose for which the trust's income or assets will be deployed Identify the trustee, protector and beneficiaries. Name the beneficiaries or decide on a formula to determine them If you want greater control, appoint family members or friends as trustees Appointing a professional company as trustee can ensure impartiality, professionalism, continuity over the years, and also better execution of investment mandate, document maintenance, accounting and compliance