Thinking about money, investments, asset protection and leaving a legacy, my mind wandered to TRUST DEED details and putting the right clauses in place. I consulted with my legal team on putting in place the right clauses. I questioned about the eighty year vesting clause, why it is so and possible extension. The reply was that in ‘law’ they don’t like the assets to stay in the family (aka inside a trust hence the vesting date). So beware the underlying agenda for the establishment to get their hands on your ‘hard earns’.
There is a solution to this: consult an equity barrister for a clause to extend your trust deed life or simply write it your self and insert it into the deed before the trust is established (aka in the planning HINT HINT).