Family trusts, ordinary people don't deserve to have. In January 2022, the size of trust families increased by 12.899 billion yuan, an increase of 33.54% over the previous year. The official statement is "

Family trusts, ordinary people don't deserve to have.

In January 2022, the size of trust families increased by 12.899 billion yuan, an increase of 33.54% over the previous year.

The official saying is that "the demand for wealth management of residents continues to increase", in fact, the fundamental reason is that wealth is accumulating, in short, "the rich are getting richer".

Family trust is a way of asset allocation, or a tool product that can reasonably plan inheritance tax, asset risk isolation, and asset ownership security, large annuity insurance has the same effect, but trust plans are more flexible and hidden.

For example, Lao Wang is a business, worth 500 million, and he took out 300 million yuan to make a family trust. After doing the family trust, the 300 million trust assets are not owned by Lao Wang. Even if Lao Wang goes bankrupt in the future, the creditors cannot claim to take the 300 million yuan to repay the debt, because according to the Mainland Trust Law, the ownership of the trust assets is in the trust company, and Lao Wang is only as a beneficiary, since it is not his assets, of course, he has no right to dispose of them. Even the tax department cannot collect these 300 million yuan, even if the mainland introduces an inheritance tax in the future.

Another advantage of trust is that it can be controlled layer by layer, and eventually achieve the purpose of "assets or companies that are not under your name, but are under your control". Those who are british virgin islands, cayman islands or whatever, a lot of rich people are there to make trusts, most of them have this purpose.

By the way, family trusts are exclusive services for the rich, and the general requirement starting point is 30 million financial assets (note that equity and real estate and the like may not be counted).