The Entrepreneur’s TrustThe Entrepreneur’s Trust

Successful wealth creators whose wealth is derived from taking on risk and building concentrations in private businesses often wish for their descendants to have similar opportunities. They view  entrepreneurial careers as potentially leading to greater personal satisfaction, as well as greater personal wealth, for their descendants, and hope to inspire and facilitate such careers. At the same time, they fear that sharing their financial success too freely with their beneficiaries will have a negative impact on the recipients’ motivation to work as hard as the wealth creator did to forge their own, joyful path.

When it comes to making decisions around wealth transfer, it’s this fear that often causes the wealth creators to implement estat...