For clients with great wealth - and children - silence can indeed be golden.

Which is why wealth managers should consider, when appropriate, recommending silent trusts, which prohibits the trustee from sharing information about the trust with certain beneficiaries, or even informing beneficiaries that the trust exists in the first place.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access