This author highlights the key terms every family trust should contain, and the position these trusts take in a corporate setting.  He examines specific issues like these:  drafting to avoid the application of the attribution rules, drafting to address issues relating to beneficiaries, drafting to address issues relating to the distribution of trust property and drafting to address issues relating to trustee decision-making and powers.

This paper is part of a collection presented in April 2015 at LESA’s Drafting Your First Trust program.