Comparative Analysis And Application Of Family Trust Model From The Perspective Of Wealth Inheritance

"The wealth creation,the wealth conservative,the wealth inheritance and the wealth enjoyment"have always been the important goals of wealth management for the high net worth people.Nowadays,with the slowdown of economic development and the continuous exposure of financial risks,"wealth protection" has risen to be the prior objective,and the importance of "wealth inheritance" has been more significant.On the basis of clarifying the huge demand of the domestic market for wealth inheritance,the paper compares the advantages and disadvantages of the four main kinds of instruments,namely,bestowal,will,insurance and family trust,and holds that family trust is the preferred way of wealth inheritance.Then,the paper systematically sorts out the basic knowledge of family trust,including its concepts,constituent elements,structures and functions,and also estimates the potential scale of future family trust through two ways:transaction management class trust ratio and asset conversion rate of the high net worth people.Then,from viewing the points of established threshold,duration,capital investment,income distribution,charge and so on,the paper in-depth analyzes the four kinds of business patterns that are private banks,trust companies,the cooperation pattern of private banks and trust companies,and the cooperation pattern of trust companies and insurance companies.According to the demand standards,asset size,risk and income preferences of the different kinds of customers,the paper concludes more adaptive patterns of family trust for the different customers.At the same time,the paper puts forward two ideas for the future development trend of the business patterns,respectively,integrated wealth management and family office.Through studying the mature experience of foreign countries,the paper proposes the improvement measures for indigenous integrated wealth management and family offices,and finally puts forward the following three suggestions.First,the different types of financial and non-financial institutions should work together;second,based on products and customers oriented to meet the diverse needs;third,relying on the "Internet plus" platform and optimizing the clients' ways of asset management.