Research On The Establishment Of Family Trust Business Model In China

The Family Trust originated in the United Kingdom and developed in the United States in recent years.Family Trust on wealth inheritance has several advantages,While it can protect the property and life standard effectively,also can highly according to the client wishes in property management and wealth inheritance,Family Trust can also do the tax avoidance well.Client would got the efficiently guidance of the wealth distribution by setting up a Family Trust.So in foreign countries,the rich often use Family Trust as a tool for family wealth inheritance.It is precisely because of the rich experience of foreign Family Trust practice that the foreign Family Trust mode is sound and the relevant safeguard measures are perfect.Since China's reform and opening up,the economic growth rate and the growth rate of national wealth have been to a high level,and with the economic development,a large number of ultra-high net worth individuals have been created.At the same time,according to the theory of life cycle analysis,after the reform and opening to the outside of the wealth owner has entered into or about to enter the retirement stage,they need to improve the family wealth inheritance model to meet the demand of their wealth inheritance,avoid the tragedy of the "three generations" at the same time.Although it plays an important role in the wealth management,Family Trust development is almost blank in our country.Lacking the registration system,the tax system is not sound,imperfect legal system,business management experience of multiple barriers has limited the Family Trusts in making the practical experience.Based on the above reasons,this article attempts through the analysis of the foreign Family Trust business case,contact the Family Trust in our country development present situation and the actual development needs,to put forward suggestions and build specific patterns of business in Family Trust.