Trust is a legal entity
Is this legal?
Trust companies are legal entities that are responsible for managing and overseeing the assets of their clients. These assets are typically held in a trust, and the company acts as the trustee. Trust companies employ a team of professionals, including financial planners, attorneys, and tax professionals, to ensure that their client’s assets are properly managed.
It is important to note that trust companies may have minimum requirements for clients, such as a minimum net worth or a minimum amount of assets to be placed into trust. It is important to inquire about these requirements when researching trust companies.
Trust companies come in different sizes and offer a variety of services. Larger firms may have more products and services, but they may not offer the same level of personal touch and flexibility as smaller firms.
Ultimately, it is important to research and compare different trust companies to find the one that best meets your needs and preferences.
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Pravia Trust
19 Temple Court
35 Progress Road
Leigh on Sea
SS9 5PR
United Kingdom