Within the genre of financial self-help, Trusts A Practical Guide is an invaluable and rare resource for financial experts and members of the public alike, who need a reference work on a subject that is on the face of it complex, but which undeniably affects many people’s lives at one point or another. Whatever your occupation or background, you are almost certain at some time to need some understanding of this subject, whether in your own financial planning or in advising those around you. This guide is particularly helpful when dealing with a relative’s probate or the complex issues arising from an inheritance. Terry O'Halloran clearly explains the intricacies of trusts and confronts their realities with real-life examples such as a family case involving a number of ex-wives, a business partnership that goes very expensively wrong, and even the attempted murder of a director and removal of the would-be assassin (as a trustee). Building the full picture from simple steps, the author explains the merits or otherwise of trusts and their uses with life assurance and pension products. "Trusts are the most important adjunct to life assurance, business protection, estate planning, and pension provision. A basic understanding is essential," he insists. After searching in vain for a book for his own use, the need for a reference book on this subject was clear.
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