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Family Trust
(redirected from Family Trusts)

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Family Trust
A trust into which the trustor places assets to be distributed to children following his/her death. Specifically, a family trust does not name the trustor's spouse as a beneficiary. See also: Q-TIP.

family trust
A trust established for the purpose of passing assets to children or other heirs rather than to a surviving spouse. See also sprinkling trust.


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Executing planning using family trusts can provide this and can eliminate some but not all of the issues for families.
I am concurrently delivering a letter to the board of directors of the general partner of HPGP proposing to acquire all of the outstanding common units of HPGP not owned by me, my affiliates or the Hamm family trusts at a cash purchase price of $3.
said that Gary Pruitt, the company's chairman and chief executive, has resigned from the McClatchy family trusts that control the company.
 
 
 
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