Video FAQs

Wealth Transfer Planning

How does a family wealth trust differ from a revocable living trust?

A revocable living trust is typically designed to address the creator of that trust, his needs during their lifetime, and maybe the needs of the people that survive the grantor. A family wealth trust on the other hand is a multi-generational type of device that is intended to pass along not only financial wealth, but family wealth and family aspirations to generations to come.