family trust

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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chairman and the last surviving child of newspaper icon William Randolph Hearst -- most likely will have no effect on the company's financial status because of the terms of the Hearst family trust, which distributes dividends to family members.
Cort Family Trust, which bought the vacant building two years ago, has spent $1.5 million renovating it.
The family - which has been identified in the Globe and Mail as the Bronfmans - was given this break when it moved over $2 billion in assets from a family trust in Canada to a different trust in the United States.
M2 EQUITYBITES-April 29, 2019-Forbes Family Trust to acquire alternative investment firm Optima Fund
Global Banking News-April 29, 2019-Forbes Family Trust to acquire alternative investment firm Optima Fund
Focus: Trust Tax Assessment The Peter Ogden Family Trust of 2008 and The Therese A.
Minister Mizzi had requested trustees to commission an independent audit of the New Zealand family trust and of Hearnville Inc.
She also became trustee of the Stuart Family Trust, the beneficiary of that policy.
Ecclestone gave his Formula 1 assets to his then wife Slavica in 1996 and they were transferred to a family trust in Liechtenstein.
"Ravensburg Family Trust and Capital Management Company in the acquisition of Symbian Assets and Portfolio(s) will contribute to our overall growth performance targets for this year and insure continuity for the many investments, Loans and other portfolio items which we have acquired today."
Northorpe Hall Child and Family Trust is to take over child and adolescent mental health services from Calderdale and Huddersfield NHS Foundation Trust.
THE charity football match being organised in support of Katie Pritchard and her Family Trust Fund has been rescheduled for this weekend.