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Top 10 benefits of a Family Trust | Most Secure Succession Plan for your Family
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In this video, we cover Benefits of a Family Trust, Who should make a Private Family Trust and Why this is the most Secure form of Succession for your family
Family Trusts are legal arrangements in which the owner of wealth, known as the settlor, transfers his / her assets (property, investments, or cash) into a trust for the benefit of their family members / beneficiaries.
A Family / Private Trust is the most secure Succession Plan since it avoids Probate, and minimises the risk of challenge from family members. Hence it is a very effective way of passing on your wealth across generations.
A Family Trust is suitable for:
1. Business Owners
2. Matrimonial Issues
3. Families with special needs kids
4. NRIs / Kids settled abroad
5. Muslims
There are several types of Trusts:
- Public / Charitable Trust
- Private Trust
- Revocable Trust
- Irrevocable Trust
- Discretionary Trust
- Specific Trust
WillJini is India’s first and most trusted Succession Services company. Established in 2014, WillJini has served thousands of Indians and NRIs for various services including Will Writing, Family Trusts, Probate, Succession Certificate, Executorship and many more.
WillJini is a proudly partnered with HDFC Group, ICICI Group, Yes Group, IIFL, Tata, Muthoot, and many other top financial institutions of India for offering Succession Services to all Indians.
Contact: 8767404044 / 9321671899
#successionplanning #willwriting #familytrust #privatetrust #estateplanning #willjini #lawyer #financialplanning
Family Trusts are legal arrangements in which the owner of wealth, known as the settlor, transfers his / her assets (property, investments, or cash) into a trust for the benefit of their family members / beneficiaries.
A Family / Private Trust is the most secure Succession Plan since it avoids Probate, and minimises the risk of challenge from family members. Hence it is a very effective way of passing on your wealth across generations.
A Family Trust is suitable for:
1. Business Owners
2. Matrimonial Issues
3. Families with special needs kids
4. NRIs / Kids settled abroad
5. Muslims
There are several types of Trusts:
- Public / Charitable Trust
- Private Trust
- Revocable Trust
- Irrevocable Trust
- Discretionary Trust
- Specific Trust
WillJini is India’s first and most trusted Succession Services company. Established in 2014, WillJini has served thousands of Indians and NRIs for various services including Will Writing, Family Trusts, Probate, Succession Certificate, Executorship and many more.
WillJini is a proudly partnered with HDFC Group, ICICI Group, Yes Group, IIFL, Tata, Muthoot, and many other top financial institutions of India for offering Succession Services to all Indians.
Contact: 8767404044 / 9321671899
#successionplanning #willwriting #familytrust #privatetrust #estateplanning #willjini #lawyer #financialplanning
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