WHY CPF MWAMBA TRUST FUND?
- Elsardt Kigen
- Jun 19, 2024
- 1 min read

It is easy to set up as the settlor needs only needs to sign a Grant Letter to adhere to the Trust Deed and Rules (TDR) of the CPF Trust Fund.
It provides an opportunity for employers or sponsors to pay out benefits of feuding families to the Trust Fund to earn interest until that time when the family agrees on how or who the benefit should be paid out to.
It provides a framework in which money is managed in a predictable fashion, by people you choose, according to standards you set.
It creates guidelines for current and future distributions that reflect your wishes addressing the different needs of the beneficiaries such as;
Immature Beneficiary: Research gives 18 months for a beneficiary blow up the inheritance and a Trust will ensure that this does not happen.
An Extremely Ambitious Beneficiary: This type of a beneficiary is likely to have so many liabilities attached to them that they might lose the inheritance in settling the liabilities.
Protection from Marital Property: A trust will protect family assets from being inherited by either a daughter/son-in-law through death or divorce.
Remarrying might pass inheritance to the wrong beneficiaries by default.
It provides an expedient and cost-effective method to transfer assets.
Unbiased loyalty and independence to carry out your wishes.
Knowledgeable management, protection, and defense of trust assets.
Funds are invested with a Registered Fund Manager ensuring long-term and sustainable returns.
Management of welfare funds for organized groups to provide respite during the occurrence of unfortunate events in their social life.
It is a good channel to set up the following trusts for the convenience of the client.
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