Hiring a trust company manage your assets is a straightforward process. All it takes is a visit to the provider of your choice. A number of companies specialise in trusts, as well as many banks, so it should be no problem to find one that can meet your requirements.

The trust company can assist you in setting up your trust according to your needs, and the details regarding how you want your loved ones to benefit.

If you feel that entering into a trust is suitable for your needs, consider your options right away. Remember that there is no "ideal" stage in one's life to set up a trust—as long as it addresses your immediate and long-term financial concerns. If you want to make changes, or cancel the trust for whatever reason in the future, you will always have that choice down the road.

Any assets may be included in your trust: cash reserves, stocks and shares, property, vehicles and companies are just examples. Also, the trust will follow and execute any instructions that you specify regarding how the held assets are to be managed and distributed. A common example would be how trust beneficiaries are required to wait until they reach a certain age, or graduate from a certain level in school, before the trust releases some benefits. A trust will only carry out the terms and conditions you specify.