Family Trusts are powerful tools for protecting assets, minimizing taxes, and managing the orderly transfer of wealth to future generations.
At Fletcher Barrow, we help families structure customized trusts that align with their personal, financial, and estate planning goals.
A Family Trust is a legal arrangement where a person (the “Settlor”) transfers assets to a Trustee, who holds and manages those assets on behalf of selected beneficiaries — typically family members.
Shield family wealth from creditors, lawsuits, or marital claims.
Income generated by trust assets can sometimes be allocated to beneficiaries in lower tax brackets, reducing the overall tax burden.
Manage and distribute assets for beneficiaries who are young, disabled, or financially inexperienced.
Assets held in trust do not form part of your estate, helping to bypass probate and maintain privacy.
Specify exactly how and when beneficiaries receive their inheritance (e.g., reaching a certain age or meeting certain conditions).
Trusts can provide continuity and structured succession for family-owned businesses.
Because trusts involve complex legal and tax considerations, it’s essential to work with a knowledgeable lawyer and accountant to ensure your trust is properly structured and aligns with your overall estate plan.
Not directly. Once assets are transferred to the trust, the Trustee manages them. However, you can structure the trust to provide significant guidance and powers to a Trustee you trust.
No. Family Trusts can benefit families of all sizes and income levels, especially where asset protection, tax planning, or special family circumstances are important.
Yes. Trusts may incur administrative, legal, and accounting fees each year. However, the financial and protective benefits often outweigh these costs.
It depends. Some trusts are revocable (can be changed) and others are irrevocable. We’ll help you choose the right structure based on your goals.
A Family Trust can last for a set number of years or until certain events occur (such as the beneficiaries reaching a certain age).
At Fletcher Barrow, we take the complexity out of Family Trusts and create tailored solutions that protect what matters most to you.