Family foundation refers to a fund whose funds mainly come from multiple members of the same family. Whether it exists in the form of trust, offshore company, single account or bank account, it can be collectively called "family fund". The concept of family fund is popular in Europe and America, but it has just started in China.

Advantages:

1. Dispose of resources professionally and reasonably according to the wishes of the client.

According to the concept of family trust fund, we can know that family trust fund entrusts family property to professionals for reasonable distribution according to the wishes of clients. Professional trustees can make capital create greater value, and reasonable resource allocation can optimize the capital structure of family businesses.

2. Handle the relationship between children and property more professionally.

On the one hand, it is very important for family businesses, that is, the distribution and inheritance of property. Some children are too extravagant. If they are allowed to dispose of their property, it will cause a large outflow of enterprise property and the family business will suffer losses. The family trust fund has solved this problem reasonably, and worked out the amount and time for children to obtain property according to the opinions of the clients, which has given a lot of help to the development and healthy operation of the family business.

3. Trust funds can be used for reasonable tax saving and tax avoidance.

The trustee or the trustee institution can formulate the way of property inheritance in a compliant and professional way, and effectively achieve the purpose of saving water and avoiding taxes according to these.

Tips: The above contents are for reference only.

Reply time: 2021-11-09. Please refer to the latest business changes announced by Ping An Bank in official website.