Managing Family Trusts: Taking Control of Inherited Wealth

Rating:
Summary: Trust How-To's for Givers, Heirs, and Professionals
Review: Although written primarily for financial planning professionals, this book is very accessible for individuals seeking guidance for creating and managing personal wealth via trusts. Readers will learn how the development of mega-banks and baby-boomer wealth has changed the nature of trust management. The authors (principals of investment advisory firms) include many helpful questionnaires and decision trees that will help with the planning process, both for existing trusts and for those developing new trusts. Sophisticated readers may find the lack of thorough footnoting disappointing.

Rating:
Summary: Trust How-To's for Givers, Heirs, and Professionals
Review: Although written primarily for financial planning professionals, this book is very accessible for individuals seeking guidance for creating and managing personal wealth via trusts. Readers will learn how the development of mega-banks and baby-boomer wealth has changed the nature of trust management. The authors (principals of investment advisory firms) include many helpful questionnaires and decision trees that will help with the planning process, both for existing trusts and for those developing new trusts. Sophisticated readers may find the lack of thorough footnoting disappointing.