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Family trust is the standard arrangement as a defensive mechanism for the protection and inheritance of wealth for wealthy families. and its establishment threshold is gradually increasing, and the current long-term management fee rate that can be locked is gradually increasing.
I don’t know which one comes first? Wealth protection and inheritance have elevated from important things to important and urgent things. If you can do it now, you may not be able to do it in the future. Everyone is competing for the current window of time.
becomes the offense and is long-lasting to defend.
Because offense can fail, defense cannot be repeated.
So, we can make a step-by-step layout: advance steadily, first easy, then difficult
own first and then upgrade, win first and then fight ( first achieve active defense and invincible position, and then fight to win greater victory ).
First the short-term goal and then the long-term vision, and then the simpler and more complicated.
For ordinary wealthy families, the logic of building a top-level family trust architecture design for family wealth protection and inheritance:
The first layer, after the legal structure is designed, the insurance trust is completed 1.0 or 2.0; (If you do not have the insurance trust 3.0);
Based on the legal attributes of the insurance policy, it is relatively easy to establish an insurance trust:
Insurance claim deposit is a trust asset with clear sources and no tax requirements.
(Insurance claims are exempt from personal tax. Article 4, item 5 of the Personal Tax Law; Insurance claims are personal property after marriage. (The Eight Minutes of the People's Republic of China).
Insurance policy assets are the cornerstone assets of family trusts,
is a certain and secure asset,
and have the characteristics of installment, low threshold, and high leverage that can amplify the value of trust assets.
The second layer, the insurance trust contains equity, real estate and other assets to become a comprehensive family trust (or establish multiple families) (or establish multiple families). Trust or establish overseas family trust). Is it better to set up domestic family trusts or overseas family trusts?
Follow a principle:
It depends on whether the assets and identity are in China or abroad?
Is the need for wealth protection and inheritance domestic or abroad?
or both needs are done both at home and abroad.
Insurance trust is the lowest cost to enjoy noble family trust services, and it is more universal and simple to operate. The advantage of timeliness of efficiency. The priority of the steps for establishing a family trust must be based on its own conditions and circumstances.
Family wealth protection and inheritance is a systematic project:
should consider overall rather than local issues, and should make local arrangements first to build pillars according to needs;
should consider long-term or even intergenerational planning rather than short-term time vision;
should consider defensive assets rather than just offensive assets.
because wealth protection and inheritance Planning is to look at the present from the future, we are all long-termists!
does not look down on you, and the ability to control wealth must be higher than wealth itself.
is for private wealth architects. For customers, it is the same.
only when both parties reach a consensus on values can they win-win for a long time.
Business and social value are always unified.
good to customers and make service providers more dignified is our long-term goal.
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