basics

18th june 2025

np

concerns about the beneficiary coping with great weath

benficiaries

incentives

What are its advantagesThe concept of incentive trusts has been around for about xxx yearsThese Trusts were developed to deal with the growing number of wealthy and very wealthy people who were concerned whether the beneficiary would be able to handle the inheritance.  Usually in the past where there was concern about whether the beneficiary would be able to handle and cope with the inheritance , the estate was mainly placed in trusts with suitable trustees appointed

incentives

What are its advantagesThe concept of incentive trusts has been around for about xxx yearsThese Trusts were developed to deal with the growing number of wealthy and very wealthy people who were concerned whether the beneficiary would be able to handle the inheritance.  Usually in the past where there was concern about whether the beneficiary would be able to handle and cope with the inheritance , the estate was mainly placed in trusts with suitable trustees appointed

headings

the family

what is the family ethos ?

Define what is meant by family ethos, it will be a number of things, occupation, culture , background, size heritage and so onThe value of a family is not just in its financial wealth but also its human and intellectual capital. Including also the skills and accomplishments that a family has and how well the members of the family connect and bond with each other, together with the social compact between the generations.  All these and other pertinent factors  matter greatly when considering how best to decide on incentives

What are its advantages

The concept of incentive trusts has been around for about xxx yearsThese Trusts were developed to deal with the growing number of wealthy and very wealthy people who were concerned whether the beneficiary would be able to handle the inheritance.  Usually in the past where there was concern about whether the beneficiary would be able to handle and cope with the inheritance , the estate was mainly placed in trusts with suitable trustees appointed

character

What are its advantagesThe concept of incentive trusts has been around for about xxx yearsThese Trusts were developed to deal with the growing number of wealthy and very wealthy people who were concerned whether the beneficiary would be able to handle the inheritance.  Usually in the past where there was concern about whether the beneficiary would be able to handle and cope with the inheritance , the estate was mainly placed in trusts with suitable trustees appointed

headings

the really wealthy

what is the family ethos ?

Define what is meant by family ethos, it will be a number of things, occupation, culture , background, size heritage and so onThe value of a family is not just in its financial wealth but also its human and intellectual capital. Including also the skills and accomplishments that a family has and how well the members of the family connect and bond with each other, together with the social compact between the generations.

All these and other pertinent factors  matter greatly when considering how best to decide on incentives
What are its advantagesThe concept of incentive trusts has been around for about xxx yearsThese Trusts were developed to deal with the growing number of wealthy and very wealthy people who were concerned whether the beneficiary would be able to handle the inheritance.  Usually in the past where there was concern about whether the beneficiary would be able to handle and cope with the inheritance , the estate was mainly placed in trusts with suitable trustees appointed

character

What are its advantagesThe concept of incentive trusts has been around for about xxx yearsThese Trusts were developed to deal with the growing number of wealthy and very wealthy people who were concerned whether the beneficiary would be able to handle the inheritance.  Usually in the past where there was concern about whether the beneficiary would be able to handle and cope with the inheritance , the estate was mainly placed in trusts with suitable trustees appointed

headings

there are no  books on incentives and succession

Explain its American origins and briefly the main incentives considered there and explain that these are limited and there is scope for considerable expansionMake list of main 20 points or more that must get across i.e. like how people generally make wills nowadays and the rich are increasingly doing thisEstate Planning or Succession Planning decide which  of these os a better term to use probably succession planning is more meaningfulMention and highlight that law is that of England and Wales

headings

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