Just 20 years ago, a sophisticated family plan might have employed a single trust, subdivided into two or perhaps three sub-trusts. A sole individual or bank served as the family's trustee. Today, popular planning strategies involve multiple trusts, numerous trustees and other advisors, fragmented trustee roles and investment vehicles sponsored and controlled by families. Tax and planning strategies requiring complex trust structures are recommended to and adopted by families of only modest w
All access premium subscription
Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.