Masters Trust offers several types of Trusts. Each of these Trusts have their own benefits and drawbacks which you should consider carefully before you choose to use them as an Instrument to manage your family wealth.
We have clients who have both Legacy Trust and other Trust types. How you implement these is up to you. Please note that the most common way to use these Trusts together is to make a Family Legacy Trust the beneficiary of the Business Trust or the Real Estate Trust. In this manner, assets can be moved from one Trust to another without creating a taxable event.