7 More Family Office Resources:

• Abstract Of Trust Family Office Definition: Abstract Of Trust Abstract Of Trust definition:  An Abstract Of Trust is an abbreviated trust document that certifies the existence of a trust, without revealing confidential details such as beneficiaries and assets ...
• Executor Family Office Definition: Executor Executor definition:  The executor is the overseer of the deceased affairs. It is their responsibility act as a fiduciary and to follow the deceased person's will and distribution of assets. ...
• Irrevocable Trust Family Office Definition: Irrevocable Trust Irrevocable Trust definition:  A trust becomes irrevocable once the grantor is deceased. The terms of the trust cannot be altered, and the trustee must follow the trust document.  An ...
• Co-Trustee Family Office Definition: Co-Trustee Co-Trustee definition:  When two trustees have equal authority and power in administering a trust, they are co-trustees. They normally work must work together and not independent of one another. Download our ...
• Successor Trustee Family Office Definition: Successor Trustee Successor Trustee definition:  A successor trustee will assume the duties of a prior trustee according to the terms of the trust. Download our free Family Office Report to learn more about ...
• Advance Directive Family Office Definition: Advance Directive Advance Directive definition:  An Advance Directive is a critical document along with a will.  This document defines the end-of-life and critical care wishes of the owner (for example, views on ...
• Unfunded Trust Family Office Definition: Unfunded Trust Unfunded Trust definition:  An unfunded trust exists only in the trust document (agreements), but may not be funded until death. Download our free Family Office Report to learn more about the ...