In a nutshell: Episode one - Back to basics
In a Nutshell is a wealth planning mini-series focused on discussing wealth-planning related questions with a specific emphasis on the Middle East.
In Episode one, hosts Andrea Charalambous and Henno Boshoff explain what a trust is and its benefits. They discuss the popularity of discretionary trusts and compare trusts to wills, emphasizing the immediate effectiveness of trusts and their advantages, such as minimizing probate and ensuring confidentiality. Finally, Andrea and Henno address concerns about control by introducing reserved power trusts, VISTA trusts, and Private Trust Companies (PTCs) as options.