A trust can act to safeguard a portion of your wealth. But how do you make sure it's administered according to your instructions?
When you create a trust, you safeguard a portion of your wealth—either during your lifetime, or in favour of your estate. Whether you create a living trust, which has legal existence during your lifetime, or a testamentary trust, the assets you designate as an administrator to place in it become the legal property of the trust.
For that reason, it's important to appoint an experienced and objective trustee with the ability to administer property in order to grow the assets in keeping with your objectives.
An experienced trustee
Known for our expertise in financial management and administration of the property of others, at Desjardins Trust, we safeguard trust capital and distribute it along with income according to the terms of the trust—taking care to reduce beneficiaries' tax burden.
Desjardins Trust Services are particularly valuable for administering a testamentary trust or, if you plan to create a charitable or educational trust, for facilitating the transfer and restructuring of a family business—or again, for safeguarding personal property from creditors.