How To Set Up A Family Trust

For many investors, a family trust may be a key part of a smart estate and financial plan, especially for preserving and passing on wealth.

Sponsored Content For many investors, a family trust may be a key part of a smart estate and financial plan, especially for preserving and passing on wealth. For many investors, a family trust may be a key part of a smart estate and financial plan, especially for preserving and passing on wealth.   A family trust is a specific type of trust you could use to help ensure your loved ones receive your wealth, and potentially avoid public disclosure of trust assets.   Wondering if a family trust is right for your assets? Speaking with a financial advisor could be a good first step to answering that question and potentially setting one up.   Benefits of a family trust: Avoid probate: Helps keep matters private and potentially saves your heirs time and legal fees. Shield assets: Potentially protect assets from creditors, lawsuits, and even divorce. Legacy planning: Define how and when beneficiaries receive their inheritance Tax strategy: With estate tax thresholds set to decrease in 2026, trusts can potentially be used proactively to minimize exposure and lock in current exemptions while they last. However, setting up a trust isn't one-size fits all. There are important choices to make: Revocable or irrevocable? Who serves as trustee? How will it be funded and maintained over time? If you're thinking about creating or updating a trust, now may be the right time to speak with a fiduciary financial advisor.   That's why we created a free tool to help match you with vetted financial advisors who serve your area, each legally bound to work in your best interest.   It's never too late to plan to work toward a comfortable retirement. Get your financial advisor matches today. Try SmartAsset's Financial Advisor Matching Tool   Hire a pro. Find and compare vetted financial advisors serving your area, each legally bound to work in your best interest. Get Started This is not an offer to buy or sell any security or interest. All investing involves risk, including loss of principal. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Past performance is not a guarantee of future results. There are no guarantees that working with an adviser will yield positive returns. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. SmartAsset.com is not intended to provide legal advice, tax advice, accounting advice or financial advice (Other than referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States). The article and opinions in this publication are for general information only and are not intended to provide specific advice or recommendations for any individual. We suggest that you consult your accountant, tax, or legal advisor with regard to your individual situation.   SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. SmartAsset's services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. SmartAsset receives compensation from Advisers for our services. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any user's account by an Adviser or provide advice regarding specific investments.   We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. This is a PAID ADVERTISEMENT provided to our customers. Although you have been sent this email, Stocks on the Rise and all of its affiliates do not endorse this product nor is it responsible for the content of this ad. Furthermore, we make no guarantee or warranty about what is advertised above. Through this website/email you are able to link to other websites which are not under the control of Stocks on the Rise and all of its affiliates. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Full disclaimer here.   If you no longer wish to receive emails from Stocks on the Rise, click here to unsubscribe.     Stocks on the Rise  |  Wyatt Investment Research | 65 Railroad St, Richmond, VT 05477