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Jacob Ennis

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Alter Ego and Joint Partner Trusts

Alter Ego and Joint Partner Trusts

Alter-Ego Trusts, which are set up for individuals, and Joint-Partner Trusts, which are set up for spouses (including common law couples), are often used as Will substitutes by many high net worth families. These Trusts are inter-vivos trusts, created during the lifetime of the settlor (the person who sets up the Trust). They offer complete confidentiality while providing important tax benefits, creditor protection and incapacity planning.