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S&P 500:5767.571.76%
Dow 30: 42583.321.42%
Nasdaq: 18188.592.27%
Russell 2109.382.55%
VIX: 17.48-9.34%
IBOVESPA: 131321.44-0.77%
S&P/TSX Composite Index: 25304.111.34%
FTSE 1008638.01-0.1%
CAC 40: 8022.33-0.26%
DAX: 22852.66-0.17%
Euronext 100 Index: 1593.15-0.02%
EURO STOXX 50: 5415.79-0.15%
Nikkei 225: 38,776.94 (+0.26%)37921.470.83%
Hang Seng: 23,477.92 (+3.99%)23544.27-1.51%
S&P/ASX 200 [XJO]: 8,296.20 (-0.32%)7973.30.46%
S&P BSE SENSEX: 75,311.06 (-0.56%)77984.381.4%

Fiduciary Services

SOLUTIONS PROCESS
Unbiased and transparent Mannered advise

STAR

STAR trusts are very useful tool for estate planning and asset protection and be used for charitable and non-charitable purposes. A STAR trust is a form of purpose trust that removes the right of beneficiaries to enforce the trust and places it with specialty appointed “Enforcers”. The Enforcer is tasked with enforcing the STAR trust, bringing about a separation between enjoying the benefit of the Trust assets, and being responsible for the Trust’s enforcement. It is only the Enforcer (or the Court) who has the power or the duty to enforce the STAR trust.

Most common uses for this type of trust

Acting as the Trustee of a Private Trust Company

Running the Family Business

Special Purpose Tool

Philanthropic Purpose

A STAR trust can be established to meet the specific requirements of a particular transaction but drafting the purpose of a STAR trust can be the most difficult aspect of establishing a valid trust. At AB&T, we coordinate with Trust specialist to safeguard the established of this trust.

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