One way to put this change is to say…
One way to put this change is to say that in the traditional model the beneficiary has neither ownership (legal title being vested in the trustee) nor control (which belongs to the trustee or perhaps the trust protector). In the humane trustscape the family achieves what we call "control without ownership."
— from Expanding Your Range (Growth/Change/Education/Learning/Habit) · Complete Family Wealth by James E Hughes Jr., Susan E. Massenzio, and Keith Whitaker
Also belongs to
Related
- With enhancement loans, the family's purpose is to increase…
- If a small group begins to draft a constitution…
- Creative Capital Eventually often by Stage III, but sometimes…
- We base membership on their careers and experience, not…
- What the family cares about, and most wants to…
- keyword family often when we break through to new…