Trust fund will have two beneficiaries (wife & company) I will be trustee. (Will need trust deed and incorporate the company. This is where I am seeking advise. Does it really need a high cost lawyer to set up or can it be done low cost via internet service? If so which one is best)
Trust will trade and invest and, on an annul basis, distribute capital and operating profits (hopefully) to wife (who has no other income source) or company, at trustee's discretion.
I'm not sure what a "stapled structure" means.
I just thought some one else might have set up a similar structure and could provide some guidance. I am happy to pay solicitors if that's best - but would rather keep the cash to trade with if there is a safe and cheaper option.
