Every one should have an estate plan no matter what your financial status. If you have established significant wealth for yourself and your families, it is certainly important to have a plan to protect them thru a comprehensive estate planning tools.
One of the best tools for family to handle the succession issues might arise – by transferring significant wealth is a family trust. A neutral, third-party corporate trustee can provide balance between family interests and asset protection.
What is A Family Trust ?
A family trust is a trust established specifically for the benefit of the members of a particular family. The purpose of creating a family trust is to protect and manage family assets for current and/or future generations.