What is another word for family estate trust?

Pronunciation: [fˈamɪli ɪstˈe͡ɪt tɹˈʌst] (IPA)

The term "family estate trust" refers to a type of legal structure that allows a family to transfer their wealth and assets to future generations. It is also known as a family trust, estate planning trust, or simply a family legacy. There are several synonyms and variations of this term, including family wealth trust, family asset trust, family inheritance trust, and family succession trust. Regardless of the specific term used, the purpose of a family estate trust is to protect and preserve a family's assets for future generations while minimizing taxes and legal fees. A well-crafted family estate trust is an essential tool for families looking to safeguard their wealth and legacy.

What are the hypernyms for Family estate trust?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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