Family Banks: Using Corporate Entities and Trusts

Family Banks: Using Corporate Entities and Trusts

Five objectives and principles to consider

 

In the April 2013 issue of Trusts & Estates, I discussed what a family bank is and some of the benefits and the importance of good governance with independent judgment and oversight in making funding decisions. In this article, I’ll focus on why I suggest families consider structuring and operating their family bank as a transparent, flexible trus

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