The Parties include the you as the Settlor, Trustee, and Beneficiary(ies).
When a customer establishes a Trust and adds assets to that trust (“Trust Assets”), the customer is known as the Settlor.
Trust Assets are owned by the Trustee for the benefit of the Beneficiary(ies) of the Trust, which may be the Settlor, family members, or maybe a Third Party nominated by the Settlor. In your Hugosave Trust Beneficiary Nomination, you may determine the preference of beneficiaries.
Hugosave has partnered with Riverside as the Trustee of Hugosave - Master Trust and the Individual Trust Funds created within the Master Trust. Riverside Trustees Limited. is a Singapore trust company licensed by the Monetary Authority of Singapore (“MAS”) to undertake trust business.