Can You Hold Money in Trust?
The best way to make a permanent gift and retain control over the assets is to set up a trust. ‘A trust holds assets such as shares or funds for beneficiaries under the watchful eyes of trustees,’ explains Cox.
The best way to make a permanent gift and retain control over the assets is to set up a trust. ‘A trust holds assets such as shares or funds for beneficiaries under the watchful eyes of trustees,’ explains Cox.