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A Research On The Legal Issues Of The Family Trust’s Establishment In China

Posted on:2017-04-19Degree:MasterType:Thesis
Country:ChinaCandidate:N ZhangFull Text:PDF
GTID:2296330482499133Subject:Economic Law
Abstract/Summary:PDF Full Text Request
Trust originated in medieval England, as an effective system of property inheritance and wealth management, plays a unique function. Family Trust is a family wealth management and trust system perfect combination of product, is different from the business trust civil trust. Take advantage of the trust system, the family trust can achieve inter-generation transmission of wealth, isolation protection, tax planning, and privacy functions. This paper attempts to set up a family trust as a starting point for analysis by a variety of factors that affect the establishment of effective family trust, set up to improve the environment in our family trust, family trust so as to promote development in our country.This paper introduces the concept and legal characteristics Family Trust to explain the meaning and value of the family trust established clearly the necessity of setting up a family trust. Comment by statutory requirements for our family trust set up effective and relevant elements of the main problems restricting our family trust set up are: the purpose of the Trust Law Trust not legal provisions are too general principles; trustee of a family trust limited eligibility; tax policies of a family trust established by the unknown; family Trust registration system in China is not perfect. By member countries outside the Two typical family trust established by comparison with the country,summed to improve and promote specific measures of family trust is established:refinement purposes of the trust is not a legal requirement; expand the scope of the trustee; clearly our family tax policies established by the Trust; perfect family Trust registration system in China.
Keywords/Search Tags:Family Trust, Family Trust established, Family Trust registration
PDF Full Text Request
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