Structure of Will with Equities as Major Asset

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(11-03-2015, 05:13 PM)Temperament Wrote: if you choose one or two trusted kins or friends who are willing to be your trustees, then cost of maintaining your trust may be FOC or minimum in cost. Of course your trustees should be compensated for the costs incur by them for discharging your trust. Any opinion is most welcome.

I do not recommend this. A friend trustee will hold the shares on your beneficiaries' behalf. While you may trust your friendly trustees, you cannot be sure if your beneficiaries will share the same confidence as you do.

If your AUM is big enough, go get a Trust setup with a Trust company with clear guidelines on who shld manage it and how it shld be disbursed to your n.o.k.

If your AUM is not big enough, then I think might as well just appoint 2 friends to advise / guide your Executor to sell the shares.
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RE: Structure of Will with Equities as Major Asset - by morten - 11-03-2015, 05:59 PM

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