Types of Trusts > The Privacy Trust
The Privacy Trust
The Privacy Trust is a descriptive name for the legal strategies designed to achieve financial privacy goals-a legitimate concern for many individuals. The Privacy Trust successfully conceals ownership of bank and brokerage accounts, the family home, rental properties, and interests in other entities. If you have established a corporation, Family Limited Partnership, or Limited Liability Company for business or asset protection purposes, the Privacy Trust adds a desirable level of confidentiality to your personal affairs. Depending upon the particular features included in the trust-in addition to the privacy advantages- formidable asset protection and estate planning benefits can be created.
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