Private Family Family

• Discretionary Trust.

The Holding Trust is one in which the settlor, from the outset intends to place certain assets in the trust and ask the trustees to hold and protect them until the time when they need to be resettled or distributed. This is the most obvious choice of trust for management of the family wealth. The discretionaly deed of trust is designed to take into consideration all the succession alternatives but should be drafted carefully reflecting the settlors particular wishes and the beneficiaries needs.