What are the common mistakes made by new business owners?
- One of the main mistakes that business owners make is that they don't see the necessity to set up a trust structure from the beginning. This makes it difficult and more expensive to set up later especially when it comes to transferring assets into the trust.
- It is best to consult a lawyer earlier in the process so that you have the right advice and can avoid unnecessary costs.
- Our Phone a Lawyer service may be able to put you in touch with a lawyer for a preliminary consultation.
Read some more FAQS from our Trusts section