Compared with traditional legal inheritance and testamentary inheritance, family trust has obvious advantages and can realize reasonable risk avoidance functions such as bankruptcy risk isolation mechanism. The arrangement of family trust is also more flexible in the formulation and change of beneficiaries (testamentary heirs). At the same time, he reminded high-net-worth people who aim at family inheritance to pay attention to the provisions on trust beneficiaries in the trust plan when setting up family trusts.
Although the construction of family trust in China is not perfect, the opening of the local road of family trust has given domestic high-net-worth people more choices to inherit and protect domestic assets. Since its establishment, Youmai has been committed to screening global investment opportunities for the China family office, providing personalized asset management solutions and supporting the establishment and operation of the family office.