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Your daily horoscope: September 18, 2025

  IF TODAY IS YOUR BIRTHDAY A birthday link between your ruling planet Mercury and Neptune means you must streamline the material side of your life over the coming year. A number of everyday matters have got far too complicated of late, so make simplicity your No. 1 aim. ARIES (March 21 - April 20): If someone is kind enough to tell you how or where you have done something wrong you should be kind enough to thank them for it, and take their advice. You cannot possibly know everything, so accept what they say with good grace. TAURUS (April 21 - May 21): You may be dreaming of faraway places but the planets warn you won’t be able to make your escape until you have taken care of various chores and duties both at home and at work. And even if you do get away your conscience will nag at you. GEMINI (May 22 - June 21): Your ruling planet Mercury moves into the most dynamic area of your chart today, so don’t hold back, give whatever creative project you are working on your very best effor...
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How a Family Trust Can Benefit You and Your Loved Ones

 

A family trust is a legal arrangement that allows you to transfer your assets to a trust, which is then managed by one or more trustees for the benefit of your family members. A family trust can offer several advantages for your estate planning, tax planning, and asset protection. Here are some of the main benefits of setting up a family trust:

  • Reduce taxes: By transferring your assets to a family trust, you can avoid or minimize the taxes that would otherwise be payable on your death, such as probate fees, income tax, and capital gains tax. You can also use a family trust to split income among your family members who are in lower tax brackets, reducing your overall tax liability.
  • Protect assets: A family trust can help you protect your assets from creditors, lawsuits, or family disputes. Since the assets in the trust are no longer owned by you, they are generally not subject to claims from third parties. A family trust can also prevent your assets from being misused or wasted by irresponsible or inexperienced beneficiaries, as the trustees have the discretion and authority to manage and distribute the assets according to your wishes.
  • Preserve legacy: A family trust can help you preserve your family wealth and values for future generations. You can use a family trust to provide for your spouse, children, grandchildren, or other relatives, as well as to support charitable causes that are important to you. You can also use a family trust to ensure that your assets are used for specific purposes, such as education, health care, or business ventures.

Setting up a family trust requires careful planning and professional advice. You need to consider the type of trust, the trust agreement, the trustees, the beneficiaries, the assets, and the tax implications. You also need to review and update your trust regularly to ensure that it reflects your current situation and goals. A family trust can be a powerful tool for your financial and estate planning, but it is not a one-size-fits-all solution. To find out if a family trust is right for you, consult a qualified lawyer or financial advisor.

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