7 More Family Office Resources:

• Fiduciary Powers Clause Family Office Definition: Fiduciary Powers Clause Fiduciary Powers Clause definition:  A fiduciary powers clause is a statement in a will outlining the powers of the named fiduciaries. Download our free Family Office Report to learn more ...
• Exordium Clause Family Office Definition: Exordium Clause Exordium Clause definition:  An exordium clause is the introductory statement in a will which names the individual testator, the purpose of the document as a will, and revokes all ...
• Non-Contestability Clause Family Office Definition: Non-Contestability Clause Non-Contestability Clause definition:  A non-contestability clause is a statement in a will which penalizes any beneficiaries that challenge the will by reducing or eliminating their portion of the estate. Download ...
• Death Tax Clause Family Office Definition: Death Tax Clause Death Tax Clause definition:  The death tax clause in a will names the accounts from which all related death taxes are to be paid. Download our free Family Office ...
• General Power-of-Appointment Marital Trust Family Office Definition: General Power-of-Appointment Marital Trust General Power-of-Appointment Marital Trust definition:  A general power-of-appointment marital trust is a type of marital trust that provides lifetime income to a surviving spouse. The surviving spouse ...
• Fiduciary Family Office Definition: Fiduciary Fiduciary definition:  Fiduciary is another term for the trustee, who is expected to act in the best interest of the beneficiary. Download our free Family Office Report to learn more about the ...
• 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. ...