Research On The Legal System Of Inter Vivos Trusts

Inter vivos trusts is a testamentary trust, is defined based on the life and the trustee trust set up client files, their property rights transferred to the trustee, trustee disposition, management by. In his clients’ own is a beneficiary, but after his death by the trust documents specified beneficiary beneficiary, so called" inter vivos trusts", and general trust in different. Compared with testamentary trust, the trust will this irrevocable death trust, become by the client will revoke the trust system can be changed, and living will substitute the trust system is introduced the concept of continuous beneficiary, the trust relationship after the entry into force, had himself after the death of others as the beneficiary beneficiary. China’s" trust" thirteenth without involving the living will substitute the definition of trust, set up in terms of content. From the reality of the role of speaking it in the probate, estate and long-term planning management, Heritage Trust property tax, value-added, avoid a succession dispute and other aspects of the system has obvious advantages, it is good to follow the client’s will, for clients tailored to the unique heritage management plan. To perfect our country testamentary trust system, also need to in-depth analysis of testamentary trust system value and in our country’s plight, and puts forward some suggestions to improve China s trust system of specific recommendations. Therefore, it is necessary to inter vivos trusts system comprehensive, systematic research, to relieve the dilemma that its face.