What is a family trust, and how do you set one up? - Oxford Pierpont Skip to content

What is a family trust, and how do you set one up?

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​ Key points Family trusts are often established to bypass probate or shelter assets from creditors or estate taxes. • Revocable family trusts can be modified after they are created. • A grantor cannot withdraw assets from an irrevocable family trust. Unless you’re a member of the Addams family, thinking … 

 

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