Family trust is a kind of trust system. Entrusted by individuals or families to manage and dispose of family property on behalf of the rich, so as to achieve the goal of wealth planning and inheritance of the rich.

Second, the time:

It first appeared in the United States after 25 years of economic prosperity (1982 to 2007, known as the second gilded age in the United States).

Third, the characteristics:

1, family trust, separation of asset ownership and income right. Once the rich entrust the assets to the trust company, the ownership of the assets will no longer belong to him, but the corresponding income will still be collected and distributed according to his wishes;

2. If the rich divorce, property division, accidental death or expropriation, the money will exist independently and will not be affected. Family trust can better help high-net-worth people plan "wealth inheritance", and it is gradually recognized by the rich in China.

Fourth, advantages and disadvantages:

1. Advantages: the property exists independently and is not affected by the debt of the property owner; Income can be collected and distributed according to your own wishes.

2. Disadvantages: Once the assets are entrusted, their ownership no longer belongs to me; As a new investment method, family trust fund still has defects in supervision.