Family Trusts aren’t right for everyone.  If you live a quiet little life, working for someone else and owning very little then the thousand odd dollars a year it costs to run a Family Trust probably isn’t worth it.  If, on the other hand, you’re more of a go-getter and own your home along with a successful business then having a Trust is not at all dissimilar to having an insurance policy to protect your assets if things go bad. (more…)