7 More Family Office Resources:

• Living Trust Family Office Definition: Living Trust Living Trust definition:  A living trust is created and funded during the grantor's lifetime. (As opposed to a testamentary trust, which is created following a grantor's death.)  The grantor ...
• Non-Grantor Trust Family Office Definition: Non-Grantor Trust Non-Grantor Trust definition:  see testamentary trust definition for more information. Download our free Family Office Report to learn more about the family office industry. Read more Family Office Definitions Tags: What is non-grantor ...
• Revocable Living Trust Family Office Definition: Revocable Living Trust Revocable Living Trust definition:  A revocable living trust is funded while the trustor is living. Benefits of revocable living trusts are that they are not subject to probate, ...
• A-trust Family Office Definition: A-trust A-trust definition:  Same as a revocable marital trust. An A-trust is the surviving spouse's share of an A/B trust.  See A-trust for more information. Download our free Family Office Report to learn ...
• B-trust Family Office Definition: B-trust B-trust definition:  Same as an irrevocable credit shelter trust. A B-trust is the deceased person's share of an A/B trust.  See A/B trust for more information. Download our free Family Office ...
• Exemption Trust Family Office Definition: Exemption Trust Exemption Trust definition:  An exemption trust is irrevocable and avoids estate taxes on trust assets held by a married couple. The trust is funded from the first spouse's estate. ...
• A/B Trust Family Office Definition: A/B Trust A/B Trust definition:  An A/B trust consists of two trusts -- an A trust and B trust.  The A/B trust's purpose is to allow both spouses to transfer assets to ...