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There is still good reason to use trusts in estate planning, often for reasons which are not purely financial.

And how much can I draw down from this investment?

Both parties are still registered as co-owners of the property.

After 10 years, the initial amount should still be available.

Unit trusts form part of the deceased estate and will need to be included in the J243 inventory showing all the assets.

It can take several months since the share certificates will be in a holding position while the various processes associated with winding up an estate unfold.

I wish to keep the RA offshore and then purchase an offshore-based annuity.

Without knowing how much you need on a monthly basis to cover your living expenses, it is difficult to advise the most appropriate investment for your lump sum.

I'm planning to emigrate before the end of the year and wondering if it would be prudent to stop the contributions now and gain access to the funds.

If circumstances are such that a car needs to be purchased for the benefit of the minor children, and the powers given to the trustees are wide-ranging enough, it is possible.

Once a beneficiary has reached the age of majority, they are able to claim the invested money as well as the accrued interest.

In choosing where to invest, you need to consider factors such as inflation, current interest rates, your investment timeframe, and your risk appetite.

If the correct procedure was not followed by your employer, you may be able to bring a case to the ombud to seek compensation.

If there is no tax benefit to an investor, then I do believe there are more suitable structures to invest in.

In the current environment, the best match with your requirements would be either a ‘variable income’ or a ‘multi-asset income’ unit trust fund.