Selecting Modern Trust Structures Based on a Family’s Assets

Trusts have grown enormously in popularity since the mid-1990s as a result of the development of modern trust laws, the dramatic increase in wealth and evolving family needs and goals.¹ Modern trust laws promote many key desires of a client’s estate planning, such as flexibility, control, tax savings, asset protection, family values, governance, succession, education and privacy.² However, when designing and structuring a client’s estate plan, these key