Family Trusts: A Guide for Beneficiaries, Trustees, Trust Protectors, and Trust Creators

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· Gildan Media · Lu par Tim Paige
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Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love. Marrying the practical and emotional aspects of family wealth, this book provides a hands-on primer that focuses on fostering positive relationships, and structuring the trust appropriately for the situation and the people involved. It tackles difficult topics with frank and honest discussion, from the first beneficiary meeting to working with addictions, and more. Written by a team of experts in family wealth, this information is becoming increasingly crucial to the successful execution of a trust; you'll learn what type of person makes the best trustee, how to be an excellent beneficiary, and the technical aspects that help you build a better trust from the very beginning. There's been a staggering increase in trustee/beneficiary litigation and hostility, but that doesn't mean it's inevitable. Plenty of trusts are running smoothly, with positive experiences on all sides. This book shows you how to set up your trust to succeed from the start, with step-by-step guidance and expert insight.

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Hartley Goldstone works with institutional and individual trustees, family offices, and beneficiaries in all stages of life to identify-and then achieve-positive possibilities in the relationship between beneficiary and trustee. Hartley is coauthor of TrustWorthy: New Angles on Trusts from Beneficiaries and Trustees.

James E. Hughes, Jr., is a retired attorney and the author or coauthor of several books on the dynamic preservation of true family wealth, including Family Wealth: Keeping It in the Family, Family: The Compact Among Generations, and Cycle of the Gift: Family Wealth & Wisdom.

Keith Whitaker is an educator and cofounder of Wise Counsel Research. He has extensive experience consulting to leaders of enterprising families, helping to plan succession, develop next-generation talent, and communicate around estate planning.

Tim Paige is an audiobook narrator with a passion for rom coms, superheroes, and telling stories that provide an escape from the world (or a new lens with which to view it). His voice-over work includes national commercials, promos, trailers, and video games.

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