Personal Trust Services
Our personal trust services are designed to provide comprehensive asset management and protection for individuals and families. We offer tailored solutions to safeguard your wealth, ensure your legacy, and provide for your beneficiaries according to your wishes.
- customized trust solutions
- efficient asset management
- wealth protection strategies
- legacy planning
- beneficiary support services
How Our Personal Trust Service Works
Trust Setup & Planning
We work with you to understand your goals, assess your assets, and design a trust structure that aligns with your wishes and provides optimal benefits.
Asset Management & Protection
We take on the responsibility of managing and protecting your assets, ensuring they are preserved and grown according to the trust's objectives.
Distribution & Beneficiary Support
We handle the distribution of assets to beneficiaries as per the trust's terms, providing support and guidance throughout the process.
Our Personal Trust Process
Our personal trust process involves these key steps:
- Initial Consultation: We meet with you to understand your goals, assess your financial situation, and discuss your wishes for asset management and distribution.
- Trust Design: Our experts design a trust structure tailored to your specific needs and objectives.
- Legal Documentation: We prepare all necessary legal documents to establish the trust.
- Asset Transfer: We assist in transferring your assets into the trust.
- Ongoing Management: We actively manage the trust assets, making investment decisions and handling administrative tasks.
- Regular Reporting: We provide regular updates on the trust's performance and status.
- Beneficiary Support: We manage distributions to beneficiaries and provide them with necessary support and information.
Frequently Asked Questions
A Personal Trust is a legal arrangement where an individual (the grantor) transfers assets to a trustee (like Mega Trustee Berhad) to manage and distribute for the benefit of specified beneficiaries. It's a powerful tool for estate planning, asset protection, and ensuring your wishes are carried out even after you're gone.
A wide range of assets can be placed in a Personal Trust, including cash, stocks, bonds, real estate, business interests, life insurance policies, and personal property. We work with you to determine the best assets to include based on your specific goals and circumstances.
We implement robust security measures to protect assets in Personal Trusts. This includes diversified investment strategies, regular audits, strict compliance with Malaysian trust laws, and advanced digital security protocols. Our team of experienced professionals constantly monitors and manages trust assets to ensure their safety and growth.
The ability to modify a Personal Trust depends on the type of trust established. Revocable trusts can generally be modified or terminated by the grantor, while irrevocable trusts are more difficult to change. However, even with irrevocable trusts, there may be some flexibility built in. We can guide you through your options and help you make any permissible changes to your trust.
