Family trusts : a guide for beneficiaries, trustees, trust protectors, and trust creators

Author

• Goldstone, Hartley

Additional Author(s)

• Hughes, James E.
• Whitaker,Keith

Publisher

Hoboken, New Jersey: Bloomberg Press, 2016

Language

English

ISBN

9781119118268

Series

Subject(s)

• ESTATE PLANNING
• TRUSTS AND TRUSTEES
• FAMILY TRUSTS

Notes

. . Includes index (p. 279 - 284)

Abstract

Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love. --Publisher.

Physical Dimension

Number of Page(s)

xxx, 284 p.

Dimension

22 cm.

Other Desc.

-

Summary / Review / Table of Content

Part one: Introducing the trustscape --
Navigation works better when you have a destination in mind --
The trustscape --
Some key terms --
Know your narratives --
Part two: The players --
The trust --
The trustee --
Beneficiaries and trust creators --
The trust protector and the trust adviser --
Part three: Building great relationships --
Considerations prior to accepting appointment as trustee --
Creating preambles --
Action steps prior to the first trustee-beneficiary meeting --
Positive events, supportive responses --
Trustee-beneficiary meetings --
Requests for distribution --
Working with addictions --
Trusts and marriage --
Transitions --
Part four: A comprehensive model for a humane trustscape --
A promise and a challenge for trust creators --
The highest duty of the trustee and the corresponding responsibility of the beneficiary --
The distribution committee and the office of the beneficiary --
The trustee and the trust protector revisited --
Appendix 1. Sample legacy letter --
Appendix 2. Sample language regarding addiction --
Appendix 3. The distribution committee --
Appendix 4. Private trust companies --
Appendix 5. Family trust review --
Appendix 6. Reflections on the often unexpected consequences of the creation of a perpetual trust.

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	02702/16	332.024016 Gol F	Library - 7th Floor	Available