What is Trust?
A trust is a legal arrangement where a trustee manages and protects assets for beneficiaries, serving as a valuable tool for wealth managers to help clients efficiently preserve and transfer their wealth.
Trusts are integral to estate planning, asset protection, and tax management, ensuring that wealth is distributed according to the client’s wishes. They also provide a structured method to safeguard assets from legal disputes and creditor claims. By utilizing trusts, wealth managers can develop tailored solutions that protect assets across generations and enhance clients’ control over their financial legacies.
Why ACWM in Trust Services?
ACWM is dedicated to empowering professionals by providing them with access to practical, real-world trust services. As an association committed to the advancement of wealth management, we ensure that our members benefit from a deep understanding of trust structures, asset protection, and estate planning. ACWM offers valuable resources and professional support to help members make informed decisions and manage trusts effectively for their clients or personal needs
Key Topic
Asset Protection
Safeguard your wealth from potential risks, including legal disputes, creditors, or market fluctuations..
Wealth Transfer
Ensure a smooth transfer of assets to beneficiaries, minimizing taxes and avoiding probate
Legacy Planning
Ensures your assets are managed and passed down according to your wishes across generations.
Tax Efficiency
Utilize trusts to optimize tax strategies and reduce the burden on your estate or heirs.
Privacy
Keeps your financial matters confidential by avoiding the public probate process
Flexibility and Continuity
Provides flexibility to manage assets even if you’re incapacitated or after your passing, ensuring seamless handling of your estate