40% of families now gift their assets through trusts compared to 12.5% in 1995. Directed trusts, special purpose entities, trust protector companies, and regulated and unregulated private trust companies have all played integral roles in the growing popularity of trusts. This session focused on the important reasons families are choosing these popular trust administration options and will provided a comparison of each option, including the advantages and disadvantages of each.
By the end of this webcast, attendees will be able to:
• Describe the various trust administration options
• Explain the pros and cons of different trust administration options