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Alhambra Bank & Trust pioneers the future of wealth management with STAR Trusts—cutting-edge solutions designed to secure multigenerational wealth and legacy goals. These innovative trusts decouple governance from beneficiary rights, empowering trusted enforcers to shield assets from market volatility while aligning with philanthropic visions or preserving family businesses. Perfect for complex, long-term strategies, STAR Trusts ensure wealth serves your intentions, not just inheritance.
Our expertise simplifies the creation of STAR Trusts, partnering with global legal experts to build airtight, tax-efficient structures tailored to your unique goals. We craft enforceable purpose clauses that blend flexibility with accountability, transforming abstract aspirations into actionable, enduring wealth blueprints. Whether safeguarding business legacies or advancing charitable missions, STAR Trusts become the backbone of your wealth ecosystem. Trust Alhambra Bank & Trust for strategic asset stewardship—ensuring confidence and continuity across every generational transition.
STAR Trust
Flexibility Meets Protection
1. Enforcer Role: Unlike traditional trusts, STAR Trusts require an appointed enforcer. This individual or entity has the exclusive right to enforce the terms of the trust, providing an additional layer of oversight and protection. The enforcer can be changed over time, allowing for flexibility as circumstances evolve.
2. Purpose Trusts: STAR Trusts can be established for specific purposes, not just for the benefit of individuals. This allows for the creation of trusts dedicated to maintaining family businesses, preserving specific assets, or furthering particular goals.
3. Perpetuity: STAR Trusts are not subject to the rule against perpetuities, meaning they can exist indefinitely. This feature is particularly valuable for long-term wealth preservation and dynastic planning.
4. Confidentiality: STAR Trusts offer enhanced privacy protections, as beneficiaries do not have an automatic right to information about the trust. This can be crucial for high-profile individuals or families seeking to maintain discretion. Registered Office Services: Providing a registered office address and handling all statutory filings and correspondence.
5. Asset Protection: The unique structure of STAR Trusts provides robust protection against creditors and legal claims, making them an excellent vehicle for asset protection strategies.