How Family Trusts Protect Business Owners from Shareholding Disputes and Ensure Long-Term Stability
Financial Challenges in Marriage & the Importance of Early Asset Trust Planning
How Trusts Evolved from Medieval England to Key Tools for Asset Protection and Wealth Management
Traditionally, a trust is set up for high-net-worth individuals for preservation of wealth within family, family succession planning, asset protection and multi-generational wealth planning. In recent years, the usage of the trust has extended to cater for commercial use like to allow enterprises to operate as a business trust so as to assist in corporate tax planning. Trust structures are also used in structuring some investment products like REIT (real estate investment trust) and unit trust. Charitable giving and Philanthropy trusts have become common amongst institutions and corporates instead of traditionally with individual and family.
Trust is a legal arrangement where the trustee holds, manages and protects the assets for the beneficiaries of the trust. With good trust structure, the wealth management products held in the trust is able to achieve objectives like tax planning, asset segregation and family succession planning.
The establishment of a personal trust is generally carried out in three stages : first understanding the needs of customers, designing the trust structure, and implementing the establishment. If you have any needs, please feel free to contact the Dreamer Group Trust team.
When selecting a professional trustee, customers primarily consider the trustee's response speed, their depth of understanding of customer needs, and their ability to consistently provide customized solutions.
In addition to the assets in the trust, the inheritance of assets outside the trust follows the laws of the jurisdiction. If there is a need for non-legal inheritance, customized estate planning services are required.
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