Is Having More Than One Trust Illegal?
Having more than one trust is not illegal. You can set up many trusts, each with the purpose of achieving various objectives. Be it asset protection, tax planning, or benefitting different beneficiaries, having multiple trusts can be of immense value to you. Reach out to a trusted lawyer as you consider setting up multiple trusts to ensure doing so makes sense for you and that you do so in accordance with the law.
